To whom does the Electronic Funds Transfer Act apply?

The EFTA applies only to the rights and duties of financial institutions.

The EFTA applies to financial institutions, customers, and governmental bodies.

The EFTA applies to financial institutions and customers.

The EFTA applies only to the duties and rights of customers.

Assessment question

What does the EFTA require banks to do$?$ Choose $2$ answer choices.

Report errors to customers within $60$ days

Make available receipts for ETF transactions on terminals

Provide statements for each month an EFT transaction occurs

Report charges from missing cards immediately