Register
Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer's responsibility?
2.9k views
3 votes
Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer's responsibility?

User Karim N Gorjux
by
5.3k points

2 Answers

3 votes

Knowing rights and responsibilities relating to money transfers. Notifying the bank of lost credit or debit cards.

User Peter Majeed
by
5.2k points
6 votes

Answer:

Consumer is responsible for correct receiver data, name, account nbr, financial institutional name. Also is responsible for paying some financial operation tax for this transaction and eventually agreeing with the institutional terms and conditions of the transaction.

Step-by-step explanation:

User Robert Peters
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Ensuring that an individual is who they claim to be is the function of _____. select one: a. confidentiality b. authorization c. availability d. authentication e. nonrepudiation
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the
Link Copied!