Regulation E: Overview

This Regulation E: Overview online training course explores the various requirements of Regulation E including disclosures, overdrafts, gift cards, prepaid accounts, and remittance transfers. The Electronic Fund Transfers Act of 1978, implemented by Regulation E, is a consumer protection act that establishes the rights, liabilities, protections, and responsibilities of consumers who engage in electronic fund transfers.

This course will provide you with an overview of the various requirements of Regulation E including disclosures, overdrafts, gift cards, prepaid accounts, and remittance transfers. This course is intended for all personnel within the bank who work with customers that have deposit accounts, access devices, and perform remittance transfers as well as those in the operations department.

Course Learning Objectives

By taking this Online Regulation E: Overview course, the user will learn to:

• Define what applies to Regulation E
• Provide and explain the required disclosures to consumers
• Understand the liability and error resolution process
• Sell and disclose gift cards and prepaid accounts if applicable
• Comply with the remittance transfer rules if applicable

Course Outline

This Online Regulation E: Overview course is made up of the following sections:

1. Definitions
2. Disclosures
3. Preauthorized Transfers
4. Consumer Liability
5. Error Resolution Procedures
6. Overdraft Requirements
7. Gift Cards
8. Prepaid Accounts
9. Remittance Transfers

​​​​​​​Course Audience

This Regulation E: Overview course training course was designed for bank 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.