Federal Reserve System July 5, 2007 – Federal Register Recent Federal Regulation Documents

Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: E7-12985
Type: Notice
Date: 2007-07-05
Agency: Federal Reserve System, Agencies and Commissions
Electronic Fund Transfers
Document Number: E7-12810
Type: Rule
Date: 2007-07-05
Agency: Federal Reserve System, Agencies and Commissions
The Board is amending Regulation E, which implements the Electronic Fund Transfer Act, and the official staff commentary to the regulation. Regulation E requires that financial institutions make a receipt available at the time a consumer initiates an electronic fund transfer (EFT) at an electronic terminal. The final rule creates an exception from this requirement for EFTs of $15 or less.