The Law of Electronic Funds Transfers

ebook

By Dr. Benjamin Geva

cover image of The Law of Electronic Funds Transfers

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Provides a clear understanding of the law governing electronic funds transfers, with emphasis on global and domestic wire transfers, ACH payments and consumer transactions. Concise analysis of U.C.C. Article 4A, EFTA, Regulation E and other pertinent law gives you the information you need to understand the complex legal ramifications of electronic funds transfers. Details the law on such topics as:

  • Acceptance, rejection, and execution
  • Sender's payment obligation to accepting bank
  • Liability for unauthorized payment orders
  • Errors in payment orders and acceptance
  • Cancellations, amendment, and reversal
  • Damages for improper execution
  • Beneficiary's rights: notice, payment, and discharge First published in 1992.
  • The Law of Electronic Funds Transfers