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#2238160 - 06/16/20 04:45 PM Person to Person Payments
Skbanker Offline
Member
Joined: Nov 2008
Posts: 56
Our bank in implementing person to person payments within our online banking services and I wondered if anyone had a sample policy they could send me for that? Should this be included in the EFT (reg E) policy?

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Audit
#2238174 - 06/16/20 06:16 PM Re: Person to Person Payments Skbanker
osucpa Offline
Diamond Poster
Joined: May 2011
Posts: 1,402
Not to be critical but why would you need a separate policy? I would assume this type of transaction could be covered in a Electronic Banking Policy.

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#2238468 - 06/22/20 08:53 PM Re: Person to Person Payments Skbanker
InFairness, CRCM Offline
Platinum Poster
InFairness, CRCM
Joined: Nov 2010
Posts: 673
USA
I would include in the EFT policy rather than as a separate policy.
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Opinions are strictly my own, and have nothing to do with my employer.

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#2238708 - 06/26/20 03:01 PM Re: Person to Person Payments InFairness, CRCM
Skbanker Offline
Member
Joined: Nov 2008
Posts: 56
It comes through as an ACH though.

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