Asked by Quintin Volpe on Jun 06, 2024
Verified
Banks are not required to disclose their funds availability policy to all of their customers.
Disclose
To make known or public; revealing information that was previously secret or unknown.
- Know the specific consumer protection laws applicable to electronic fund transfers and bank disclosures.
Verified Answer
EL
Emily LopezJun 09, 2024
Final Answer :
False
Explanation :
Banks are required to disclose their funds availability policy to all of their customers;they may provide different policies to different classes or categories of customers.
Learning Objectives
- Know the specific consumer protection laws applicable to electronic fund transfers and bank disclosures.