According to the Electronic Funds Transfer Act and Regulation E adopted by the Federal Reserve Board, a bank can send unsolicited electronic funds transfer system (EFTS) debit cards to a consumer only if the cards are not valid for use.Explain either the above statement is true or not ?

Answer rating: 100% (QA)

The Electronic Funds Transfer Act EFTA and Regulation E do not specifically address whether a bank c... View the full answer