Question

Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer's responsibility?

Answer 1

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

Answer 2

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: