Regulation E applies to any electronic fund transfer that authorizes a financial institution to debit or credit money from a consumer's account. This regulation determines the framework and steps for the dispute process.

What does Regulation E apply to?

Regulation E applies to electronic funds transfers, including a wide variety of transactions that you may make with your bank regularly. Specifically, Regulation E applies to: Point-of-sale transfers. Automated teller machine (ATM) transfers.

What is Reg E all about?

Regulation E provides a basic framework that establishes the rights, liabilities, and responsibilities of participants in electronic fund transfer systems such as automated teller machine transfers, telephone bill-payment services, point-of-sale (POS) terminal transfers in stores, and preauthorized transfers from or to ...