Southeast Regional Center
AIB Electronic Funds Transfer Act-Reg E (AIB-6407)
Electronic transactions first became widely available in the 1970s. Soon after, the Electronic Funds Transfer Act (EFTA) was enacted to protect consumers from errors and fraud that could occur in these transactions. This AIB course covers the requirements of the act that apply to customer contact personnel.
Delivery Options
Self-Paced Online
Audience:
All levels of employees.
Learning Objectives
At the conclusion of the program participants will be able to:
- Explain the
background of the EFTA
- Describe the
purpose of the EFTA
- Describe
requirements regarding issuance of access devices
- Explain the
requirements related to preauthorized transfers
- Define an
electronic fund transfer
- Describe how
to handle a notice of error
Enrollment Form
Download and print an enrollment form from here, complete and fax to 904-354-1834