3 ms·
I'm not sure how that's actually a response to what I wrote. You are just disputing some categories of payments. It has nothing to do with the fact that the ban
by freejazz 3y ago
I'm not sure how that's actually a response to what I wrote. You are just disputing some categories of payments. It has nothing to do with the fact that the banks created a money transfer system where they eschew their legal obligations.
- NovemberWhiskey 3y agoYou'll have to be more specific about what you think their legal obligations are, then. As far as I'm aware, Regulation E requires banks to resolve errors appropriately, including unauthorized transfers. It does not require them to reverse arbitrary transfers, including ones where a fraud was perpetrated on their customer.
- freejazz 3y agoThe report is explicit about it, I'm not sure why you are having difficulty with that. The report mentions, for example, when their accounts are hacked. That's just one example. Are you confused or are you just being obtuse? Someone else provided this exact answer to your identical question, upthread, prior to your asking me the same exact thing here again.