Deposit Resources

These resources provide information about remittance transfers and garnishment of accounts containing federal benefits payments.

CFPB Final Rule Correcting Amendments in Regulation E (Electronic Fund Transfer Act) (Effective Nov. 14, 2016)

CFPB Payments and Deposits Rules FAQs related to the COVID-19 Pandemic (Issued May 13, 2020) 

Deposit Reconciliation Practices

NCUA Letter to Credit Unions, 16-CU-04 (May 2016)

Preauthorized Transfers (Regulation E - Electronic Fund Transfer Act)

CFPB Compliance Bulletin 2015-06, Requirements for Consumer Authorizations for Preauthorized Electronic Fund Transfers (Issued Nov. 23, 2015)

Remittance Transfers (Regulation E - Electronic Fund Transfer Act)

CFPB Remittance Transfers Under the Electronic Fund Transfer Act (Regulation E) (Effective July 21, 2020)

CFPB Remittance Rule FAQs related to the COVID-19 Pandemic (Regulation E) (published June 2, 2020)

CFPB Remittance Transfers Small Entity Compliance Guide (June 2020)

CFPB Statement on Supervisory and Enforcement Practices Regarding the Remittance Rule in Light of the COVID-19 Pandemic (published April 10, 2020)

NCUA Regulatory Alert 14-RA-10 (December 2014)

CFPB Final Rule Defining Larger Participants of the International Money Transfer Market (effective Dec. 1, 2014)

CFPB Final Rule under the Electronic Fund Transfer Act extending the temporary exception allowing estimated pricing disclosure (Exception extended until July 21, 2020)

Garnishment of Accounts Containing Federal Benefits Payments (31 C.F.R. Part 212)

Final Rule (Effective June 28, 2013) 

NCUA Regulatory Alert 13-RA-04 (July 2013) 


Questions?  Contact the Division of Consumer Compliance Policy and Outreach in NCUA's Office of Consumer Financial Protection at

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