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CPD Course
Regulation E: Electronic Funds Transfers
Develop practical knowledge and confidence in Regulation E: Electronic Funds Transfers. This course will introduce the learner to Regulation E and the ways in which it is related to the Electronic Funds Transfer Act (EFT). The learner will be presented with an overview of how the EFT system affects consumers through disclosures and established rights. After...
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Course Description
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Choose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.
Develop practical knowledge and confidence in Regulation E: Electronic Funds Transfers.
This course will introduce the learner to Regulation E and the ways in which it is related to the Electronic Funds Transfer Act (EFT). The learner will be presented with an overview of how the EFT system affects consumers through disclosures and established rights. After completing this program, the learner will understand:
Why this course matters
This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.
What you will gain
- Build a practical understanding of the key concepts covered in Regulation E: Electronic Funds Transfers.
- Recognise where the topic applies in real workplace or business situations.
- Apply the methods and good-practice approaches covered in the course with greater confidence.
Who is this course for?
This course is suitable for professionals, managers, business owners and learners who want practical knowledge they can apply in real workplace situations.
Course at a glance
- Study time: approximately 1 hour.
- Format: self-paced online learning.
- Professional development: CPD course.
Course Outline
Regulation E: Electronic Funds Transfers
Seat Time: 0.75hrs - Desc:
This course will introduce the learner to Regulation E and the ways in which it is related to the Electronic Funds Transfer Act (EFT). The learner will be presented with an overview of how the EFT system affects consumers through disclosures and established rights. After completing this program, the learner will understand:
- The relationship of the consumer to the EFT system.
- The necessity of disclosures and details about the content of disclosures.
- What is considered an EFT error.
Course Topics
T1. Regulation E: This topic will introduce the learner to Regulation E, which implements the Electronic Funds Transfer (EFT) Act and provides individual consumers with a framework of the rights, liabilities, and responsibilities for users of the Electronic Funds Transfer system.
T2. Disclosures: This topic will discuss the disclosure of certain terms and conditions of the Electronic Funds Transfer (EFT) service to the consumer prior to the first EFT involving a consumerÆs account, and will discuss error resolution notices, receipts, statements, and exceptions.
T3. Investigation of Errors: This topic will define errors and will provide examples of errors involving Electronic Funds Transfers (EFTs), and will also describe notice errors from consumers and how to address errors in general.
Continue your learning
Part of this learning pathway: Compliance & Regulatory
Learners also take: Regulation J: Check Collection by FRBs and Funds Transfers | Regulation 9 | Regulation B
Course pathway: eBSI Banking Academy > Compliance & Regulatory > Regulation E: Electronic Funds Transfers
Explore more Compliance & Regulatory training or return to the eBSI Banking Academy.
Your questions, answered
Does the course include a certificate?
The course assessment leads to a downloadable digital PDF CPD Certificate of Completion. See the course description for the CPD credits awarded.
What is CPD?
CPD stands for Continuing Professional Development. It is the ongoing learning that helps you maintain and develop the knowledge and skills you use in your work. Courses, workshops and other learning activities can contribute to your CPD record.
Can I ask a question before enrolling?
Book a free video consultation to discuss your goals and course choice.