Posted By: Likes to Comply
Are these Errors under Reg E for credit - 03/07/22 08:24 PM
Using our Bank's P2P module in Online Banking, if the consumer authorizes a transfer for $100 instead of $10, is this an error under Reg E? Or is this simply an authorized transfer where the consumer made a mistake and we have no further obligations.
Using our Bank's P2P module in Online Banking, if the consumer authorizes a transfer but the person says they never received it, is this an error under Reg E?
Thanks in advance!
Using our Bank's P2P module in Online Banking, if the consumer authorizes a transfer but the person says they never received it, is this an error under Reg E?
Thanks in advance!