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#2233172 - 03/17/20 10:03 PM EnrollMobile Deposit & Online Banking Disclosures
Jenny Roberts Offline
Member
Joined: Feb 2014
Posts: 88
Tennessee
What kind of disclosures or terms & conditions are required for customer to consent to to enrolling in mobile banking? Also to enroll in online banking?

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eBanking / Technology
#2233174 - 03/17/20 10:48 PM Re: EnrollMobile Deposit & Online Banking Disclosures [Re: Jenny Roberts]
BrianC Online
Power Poster
BrianC
Joined: Nov 2004
Posts: 5,307
Illinois
Online banking would require Reg E disclosures as outlined in 1005.7.

Terms and conditions are legal documents that outline the responsibilities of each party.
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#2233178 - 03/17/20 11:38 PM Re: EnrollMobile Deposit & Online Banking Disclosures [Re: Jenny Roberts]
Richard Insley Online
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Richard Insley
Joined: Oct 2000
Posts: 9,755
Toano, VA
Service agreements are contracts, so you should make every effort to develop them under guidance from your legal counsel--even in these uncertain times. All Reg. E disclosures must be "in writing", and that means ESIGN if you want/need to deliver them electronically.
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...gone fishing.

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