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Home » News » Stage Set for CFPB Removal of ATM Fee Sticker Requirement
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Stage Set for CFPB Removal of ATM Fee Sticker Requirement

December 21, 2012
Those fee disclosure stickers seen at automated teller machines across the U.S. as per the Electronic Fund Transfer Act are slated to become a thing of the past, after a vote by the Senate cleared the way for the CFPB to eliminate the requirement. The Senate recently followed up on action by the House of Representatives and approved H.R. 4367, legislation that amends the EFTA to eliminate the law’s requirement that a fee disclosure be placed in a prominent and conspicuous location on or at an ATM. Critics say the ...
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