Examples of Regulation E in a sentence
Division 11 of the California Commercial Code governs wholesale (wire) funds transfers, as well as non-consumer ACH credit entries and those consumer ACH credit and debit entries that may be excluded from the Electronic Fund Transfer Act and its implementing Regulation E (collectively referred to herein as “payment orders”).
Therefore, to qualify as an Third-Party Sender of such Entries Third-Party Sender hereby warrant to Banc that for each such ACH Entry submitted for processing, Third-Party Sender have obtained all authorizations from the Receiver as required by the Rules, by Regulation E or other applicable law, and this Agreement.
The following provisions apply to funds transfers you send or receive through the Bank but do not apply to electronic funds transfers governed by Regulation E of the U.S. Federal Reserve Board.
You acknowledge and agree that no transaction made through or using the Mobile Deposit Service is an “electronic fund transfer” as defined by the federal Electronic Fund Transfer Act and/or Regulation E of the Consumer Financial Protection Bureau.
These provisions do not apply to any transactions that are not covered under the Electronic Fund Transfer Act or Regulation E.