Banking regulations for examiners

Banking regulations for examiners

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The requirement that preauthorized Efts be authorized by the consumer a€œonly by a writinga€ cannot be met by a payeea#39;s signing a written authorization ... For example, a payee may provide the consumer with two copies of a pre authorization form, and ask the consumer ... Consumers sometimes authorize third-party payees, by telephone or on-line, to submit recurring charges against a credit card account.

Title:Banking regulations for examiners
Author:United States, United States. Office of the Comptroller of the Currency
Publisher: - 2006


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