This online course covers the specific rules under Regulation E that apply to remittance transfers — a type of international electronic fund transfer sent by consumers. Regulation E, which enforces the Electronic Fund Transfers Act, outlines the rights, responsibilities, and protections for consumers using these services, as well as the requirements banks must follow. Bank employees will learn how to determine if your institution is a remittance transfer provider, what disclosures must be given to consumers, and when they must be delivered. The course also explains cancellation rights, refund obligations, and the proper procedures for resolving errors related to remittance transfers. This training is ideal for frontline staff, operations teams, and compliance professionals who support or manage international money transfer services.
