EFT provides consumers with limitations on liability for unauthorized electronic fund transfers. It includes the following types of funds transfers EXCEPT:
A) Point-of-sale transfers
B) Automated teller machine (ATM) transfers
C) Transfers initiated by Fax
D) Withdrawals of funds, including merchant transactions where no electronic terminal is involved, if the customer's account is debited
Correct Answer:
Verified
Q193: Which of the following primary purpose/s were
Q194: _ is a transfer that is authorized
Q195: Which of the following is/are NOT limitations
Q196: A Reserve Bank makes the following warranties
Q197: Under Unauthorized transfers-12 CFR 205.6 prerequisites for
Q199: Electronic funds transfers' requirements say that transfers
Q200: It must provide in writing to consumer
Q201: Issuing Bank, a foreign bank, maintains an
Q202: An institution must take steps to determine
Q203: During a EFT, if the institution determines
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents