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Wednesday
Apr252012

What's New: Final Remittance Rule (Amendment to Regulation E)

DateWednesday, April 25, 2012 at 2:43PM by AuthorBanking Spectrum
The Consumer Financial Protection Bureau is issuing rules to protect consumers who send money electronically to foreign countries. These transactions are called “remittance transfers.” The new rules take effect in February 2013. See The Gold Book, Foreign Remittances in the Regulation E and Compliance chapters.
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    Banking Spectrum - What's New? - What's New: Final Remittance Rule (Amendment to Regulation E)

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