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#2017297 - 06/01/15 03:33 PM Is the Reg E Short Form Disclosure Sufficient?
Believing... Offline
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Most online banking terms and conditions that I have read have the abbreviated Reg E disclosure which covers the consumer's liability and error resolution process included in the agreement. Is this sufficient when consumers enroll in a new electronic service, or should we be delivering the full Reg E disclosure that's given at account opening?

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eBanking / Technology
#2017540 - 06/02/15 01:48 PM Re: Is the Reg E Short Form Disclosure Sufficient? Believing...
Andy_Z Offline
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Full or short is influenced by how often you provide it, not the media used. And the initial is the long version so I assume the short one you refer to is not the initial for a new relationship/account.
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#2017596 - 06/02/15 03:29 PM Re: Is the Reg E Short Form Disclosure Sufficient? Andy_Z
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That is correct. Our initial Reg E disclosure is more than four pages. The Terms and Conditions for online banking contains the excerpt language from the Reg E model (short)form. I've always wondered if that satisfied the content requirement. Now I'm wondering why I ever questioned it!

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