Electronic Funds Transfer by Dimitris N. Chorafas

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Author
Dimitris N. Chorafas
Publisher
Date of release
Pages
0
ISBN
9780880632263
Binding
Illustrations
Format
PDF, EPUB, MOBI, TXT, DOC
Rating
3
58

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Electronic Funds Transfer

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Book review

The Electronic Fund Transfer Act (EFTA) (15 USC 1693 et seq.) of 1978 is intended to protect individual consumers engaging in EFTs, which include: transfers through automated teller machines (ATM), point-of-sale (POS) terminals, automated clearinghouse (ACH) systems, telephone bill-payment plans in which periodic or recurring transfers are contemplated, and remote banking programs.


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