Regulation
15 U.S.C. § 1693 et seq.; 12 CFR Part 1005 (Regulation E)

Electronic Fund Transfer Act / Regulation E

Statute, United States Federal
Effective: November 10, 1978 56 platforms tracked 306 provisions indexed Enforced by: CFPB, Federal Reserve Board, OCC, FDIC Last reviewed May 9, 2026

Overview

The Electronic Fund Transfer Act and its implementing Regulation E establish the rights, liabilities, and responsibilities of participants in electronic fund transfer systems. The law protects consumers engaging in electronic transfers including ATM transactions, direct deposits, point-of-sale transfers, and online banking. It requires financial institutions to provide specific disclosures, limits consumer liability for unauthorized transfers, establishes error resolution procedures, and restricts certain practices including compulsory use of electronic fund transfers. Regulation E is particularly relevant to fintech platforms, payment apps, and banking agreements that govern how consumer funds are handled electronically.

Penalties

Individual liability: actual damages, statutory damages of $100 to $1,000 per individual action, up to $500,000 or 1% of net worth for class actions. Attorney fees and costs.

Key Articles & Sections

Platforms We Track Subject to EFTA / Reg E

Recent Changes Related to EFTA / Reg E

ConductAtlas maps governance language to potentially relevant regulatory frameworks. Regulatory applicability and enforceability may vary by jurisdiction, enforcement context, and individual circumstances. This page is informational and does not constitute legal advice. Methodology

Provisions Governed by EFTA / Reg E (306 across 56 platforms)

BCR complaints submitted in writing to privacy team ADP
Medium
Unsatisfied complaints may be escalated to regulatory authorities ADP
Medium
DPA audit access to client data processing facilities ADP
Medium
Personal data disclosed to enforce ADP rights ADP
Medium
DPA audit access to ADP processing facilities ADP
Medium
BCR privacy compliance audited regularly ADP
Medium
Client audit right limited to once annually with 45-day notice ADP
Medium
Affirm Right to Block Card in Digital Wallet Affirm
Medium
Account Suspension and Termination Bank of America
Medium
Consumers placed on internal Do Not Call list Bank of America
Medium
Account freeze upon holder death Binance.US
Medium
Brex may suspend account for disrespectful conduct Brex
Medium
Overdraft Coverage Terminable for Non-Payment Within 90 Days Cash App
Medium
Company May Withhold or Revoke Fraudulent Local Cash Earnings Cash App
Medium
Company May Contact Third Parties or Take Legal Action to Collect Debts Cash App
Medium
Disqualification from rewards for misuse or breach Coinbase
Medium
Coinbase may cancel pending outbound transfers by law Coinbase
Medium
Equifax May Withhold Benefits if Evidence Not Provided Equifax
Medium
IDR Not Provided if Member Fails to Cooperate Equifax
Medium
Inaccurate Data Account Termination Right FanDuel
Medium
Suspension Communication Restriction to Support Email FanDuel
Medium
Withheld Prizes for Fraud Prevention FanDuel
Medium
Bonus System Abuse Retraction Right FanDuel
Medium
Affidavit of Eligibility Failure Disqualification FanDuel
Medium
Cease Use and Destroy Materials on Termination Geico
Medium
Payment Method Removed After 12 Months Non-Use Google Pay
Medium
Payment Method Removed After 90 Days No Connection Google Pay
Medium
Overuse of Reservation Facilities Denial of Access Hilton
Medium
Hilton Right to Cancel Large Group Bookings Hilton
Medium
Hilton Right to Seek Attorneys Fees for Fraudulent Activity Hilton
Medium

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Related Regulations

Official Source

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Frequently Asked Questions

What does EFTA / Reg E require?

Which platforms does EFTA / Reg E apply to?

ConductAtlas tracks EFTA / Reg E-relevant provisions across 56 platforms. Each platform's specific provisions are classified by severity and mapped to EFTA / Reg E requirements.

How does ConductAtlas monitor EFTA / Reg E compliance?

ConductAtlas captures policy documents daily, classifies provisions by regulatory framework, and flags changes that affect EFTA / Reg E obligations. Every change is archived with cryptographic verification.