A financial institution (such as a bank) that issues electronic fund-transfer cards must provide consumers:
A) a yearly statement of account
B) a weekly statement of account
C) a bi-annual statement of account
D) the institution is under no obligation to provide consumers with statements of account
E) none of the other choices

Question

Quizplus · Accepted Answer

Financial institutions are typically required to provide monthly statements for accounts with electronic fund transfers, not yearly, weekly, or bi-annual statements.

A Financial Institution (Such as a Bank) That Issues Electronic