EFT Act definition
Examples of EFT Act in a sentence
Your rights, protection, and liabilities as a consumer are outlined in the following disclosure in accordance with the EFT Act.
The Electronic Funds Transfer (EFT) Act and its implementing regulation Federal Reserve Regulation E, and hence the error resolution and liability protections applicable to consumers which may be listed on or with any periodic statements or other documents you receive from us, do not apply to accounts maintained for business purposes.
Commercial Account holders are not entitled to the rights provided under the EFT Act.
Certain types of transactions that are handled completely or partially by electronics are subject to the Electronic Fund Transfer Act (EFT Act).
The Electronic Funds Transfer (EFT) Act and its implementing regulation Federal Reserve Regulation E, and hence the error resolution and liability protections applicable to consumers which may be listed on with any periodic statements or other documents you receive from us, do not apply to accounts maintained for business purposes.
Your rights, protection, and liabilities as a Consumer are outlined in the following disclosure in accordance with the EFT Act.
Accordingly, the provisions of the EFT Act, and any other laws or regulations intended for the protection of consumers or governance of transactions involving consumers do not apply to any Service transactions affecting your Account(s).
Such transfers, referred to as "Electronic Funds Transfers", are subject to the provisions of the Electronic Funds Transfer Act (the "EFT Act").
Some of the terms set forth in this agreement are governed by the Electronic Funds Transfer Act ("EFT Act") which is only applicable to consumers.
The EFT Act provides you with certain rights and responsibilities with respect to the Electronic Funds Transfers.