Source: https://www.consumerfinance.gov/policy-compliance/rulemaking/regulations/1005/33/
Timestamp: 2019-11-17 10:53:44
Document Index: 614493278

Matched Legal Cases: ['§ 1005', '§ 1005', '§ 1005', '§ 1005', '§ 1005', '§ 1005']

Official interpretation of 33(a) Definition of Error Show Hide
See interpretation of 33(a) Definition of Error in Supplement I
(1) Types of transfers or inquiries covered. For purposes of this section, the term error means:
(b) Notice of error from sender —
Official interpretation of 33(b) Notice of Error From Sender Show Hide
See interpretation of 33(b) Notice of Error From Sender in Supplement I
Official interpretation of 33(c) Time Limits and Extent of Investigation Show Hide
See interpretation of 33(c) Time Limits and Extent of Investigation in Supplement I
Official interpretation of 33(d) Procedures if Remittance Transfer Provider Determines No Error or Different Error Occurred Show Hide
See interpretation of 33(d) Procedures if Remittance Transfer Provider Determines No Error or Different Error Occurred in Supplement I
Official interpretation of 33(e) Reassertion of Error Show Hide
See interpretation of 33(e) Reassertion of Error in Supplement I
(f) Relation to other laws —
Official interpretation of 33(f) Relation to Other Laws Show Hide
See interpretation of 33(f) Relation to Other Laws in Supplement I
(1) Relation to Regulation E § 1005.11 for incorrect EFTs from a sender's account. If an alleged error involves an incorrect electronic fund transfer from a sender's account in connection with a remittance transfer, and the sender provides a notice of error to the account-holding institution, the account-holding institution shall comply with the requirements of § 1005.11 governing error resolution rather than the requirements of this section, provided that the account-holding institution is not also the remittance transfer provider. If the remittance transfer provider is also the financial institution that holds the consumer's account, then the error-resolution provisions of this section apply when the sender provides such notice of error.
(g) Error resolution standards and recordkeeping requirements —
Official interpretation of 33(g) Error Resolution Standards and Recordkeeping Requirements Show Hide
See interpretation of 33(g) Error Resolution Standards and Recordkeeping Requirements in Supplement I
(1) Compliance program. A remittance transfer provider shall develop and maintain written policies and procedures that are designed to ensure compliance with the error resolution requirements applicable to remittance transfers under this section.
Official interpretation of 33(h) Incorrect Account Number Supplied Show Hide
See interpretation of 33(h) Incorrect Account Number Supplied in Supplement I
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