ELECTRONIC FUNDS TRANSFER ACT

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Закон об электронных платежах 1978 г.: закон, регулирующий электронные платежи, включая обязанности банков по достоверному информированию клиентов о всех правах, предоставлению письменной отчетности по всем операциям, защите клиентов, созданию процедур устранения ошибок и др. (напр., ограничивает ответственность клиента при несанкционированном изъятии средств с его счета 50 долл., если банк был своевременно уведомлен) (США);см. Regulation E.

A federal law that protects consumers engaged in the transfer of funds through electronic methods. This includes the use of debit cards, automated teller machines and automatic withdrawals from a bank account. The act also provides a means of correcting transaction errors and limits the liability from any losses due to a lost or stolen card.

This law was passed in 1978 as a result of the growth of electronic ATM machines and electronic banking. The use of paper checks has steadily declined since then, but the check served as hard evidence of payment. The explosion of electronic financial transactions created a need for new rules that would give consumers the same level of confidence that they had in the checking system. This includes the ability to challenge errors and correct them within a 60-day window, and to limit liability on a lost card to $50 if the card is reported as lost within two business days.