remittance transfer disclosure

Posted By: parr04

remittance transfer disclosure - 05/23/14 03:20 PM

Reg. E Safe harbor. Under 1005.30(f)(2)(i), a person that provided 100 or fewer remittance transfers in the previous calendar year and provides 100 or fewer remittance transfers in the current calendar year is deemed not to be providing remittance transfers in the normal course of its business.
Does the "person" represent the financial institution or the consumer?
Posted By: rlcarey

Re: remittance transfer disclosure - 05/23/14 03:30 PM

The financial institution.