Electronic Transactions, Overdraft Fees, and EFTA Webinar
As consumers become more and more dependent upon electronic transactions for making deposits to and withdrawals from their accounts, it is imperative that all deposit personnel understand the financial institution’s rights and responsibilities with regard to the Electronic Funds Transfer Act (EFTA – Regulation E) – see complete description below.
Click Here for Webinar Description and Audience
As consumers become more and more dependent upon electronic transactions for making deposits to and withdrawals from their accounts, it is imperative that all deposit personnel understand the financial institution’s rights and responsibilities with regard to the Electronic Funds Transfer Act (EFTA – Regulation E). Furthermore, recent amendments to the regulation are going to increase a financial institution’s responsibilities with how it handles overdrafts resulting from certain electronic transactions. Make sure to attend this important webinar to learn more about the Electronic Funds Transfer Act and Regulation E.
Topics Will Include:
- Which customers are covered under the Act?
- Which accounts are subject to the regulation?
- What are the disclosures that a financial institution must provide upon account opening?
- What disclosures are required periodically throughout the account relationship?
- What actions can a financial institution take when handling reports of unauthorized transactions?
- What do financial institutions have to do to comply with the regulations limiting the ability to assess overdraft fees for ATM and one-time debit card transactions?
- What are the common mistakes made by financial institutions in complying with the regulation?
- How do the new remittance transfer rules impact all financial institutions?
- Regulation E Remittance Transfer rules that will affect almost all financial institutions
Who Should Attend?
All deposit and new accounts personnel.
Click Here for Continuing Education Credits (CEC) Info
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Click Here for Viewing Option Descriptions
INCLUDES SEVEN DAYS OF ONDEMAND ACCESS! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. Participants can type and send their questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate in the same room.
SIX MONTH ONDEMAND VIDEO RECORDING:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
CD-ROM VIDEO RECORDING:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.