This Regulation E — Gift Cards & General-Use Prepaid Cards online training course explores the basic rights, liabilities, and responsibilities of consumers who use electronic fund transfer services and of banks that offer these services.
Regulation E provides basic protections for a consumer when using an electronic fund transfer service that the bank offers. Regulation E also sets the requirements for sale of gift cards, gift certificate, and general-use prepaid card disclosures and fees to ensure consumers understand what they are purchasing. This course provides details on the rules regarding these types of products.
Course Learning Objectives
On completion of this Regulation E — Gift Cards & General-Use Prepaid Cards course, the user will learn:
- Know the different types of gift cards available
- Ensure the disclosures are accurate
- Determine if the gifts cards at the bank have the appropriate expiration date
- Provide the disclosures at the appropriate time
This online Regulation E — Gift Cards & General-Use Prepaid Cards course is made up of the following sections:
- Card Types
This Regulation E — Gift Cards & General-Use Prepaid Cards online training course was designed for frontline and compliance employees.
If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.