Electronic Fund Transfer Act
E155082
The Electronic Fund Transfer Act is a U.S. federal law that protects consumers in electronic banking and payment transactions by establishing rights, responsibilities, and error-resolution procedures for both consumers and financial institutions.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Electronic Fund Transfer Act canonical | 7 |
| Electronic Fund Transfer Act implementing regulation | 1 |
| Electronic Fund Transfer Act, 15 U.S.C. 1693 et seq. | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T1341134 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Electronic Fund Transfer Act Context triple: [Consumer Financial Protection Bureau, enforces, Electronic Fund Transfer Act]
-
A.
Regulation CC
Regulation CC is a U.S. Federal Reserve regulation that governs the availability of funds and the collection and return of checks in the banking system.
-
B.
Gramm-Leach-Bliley Act of 1999
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
-
C.
Truth in Lending Act
The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
-
D.
Electronic Communications Privacy Act
The Electronic Communications Privacy Act is a U.S. federal law that governs the interception, access, and disclosure of electronic communications and associated data by government and private entities.
-
E.
Regulation Z
Regulation Z is a key U.S. federal rule implementing the Truth in Lending Act, requiring clear disclosure of credit terms and costs to protect consumers in credit transactions.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Electronic Fund Transfer Act Target entity description: The Electronic Fund Transfer Act is a U.S. federal law that protects consumers in electronic banking and payment transactions by establishing rights, responsibilities, and error-resolution procedures for both consumers and financial institutions.
-
A.
Regulation CC
Regulation CC is a U.S. Federal Reserve regulation that governs the availability of funds and the collection and return of checks in the banking system.
-
B.
Gramm-Leach-Bliley Act of 1999
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
-
C.
Truth in Lending Act
The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
-
D.
Electronic Communications Privacy Act
The Electronic Communications Privacy Act is a U.S. federal law that governs the interception, access, and disclosure of electronic communications and associated data by government and private entities.
-
E.
Regulation Z
Regulation Z is a key U.S. federal rule implementing the Truth in Lending Act, requiring clear disclosure of credit terms and costs to protect consumers in credit transactions.
- F. None of above. chosen
Statements (52)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
banking law ⓘ consumer protection law ⓘ |
| administeredBy |
Consumer Financial Protection Bureau
ⓘ
Federal Reserve Board ⓘ
linked to:
Federal Reserve Board of Governors
|
| allows |
administrative enforcement by federal agencies
ⓘ
civil liability for violations ⓘ |
| appliesTo |
banks
ⓘ
credit unions ⓘ financial institutions offering electronic fund transfer services ⓘ savings associations ⓘ |
| codifiedIn | Title 15 of the United States Code ⓘ |
| codifiedSection | 15 U.S.C. § 1693 et seq. ⓘ |
| consumerLiabilityCap |
50 USD if loss reported within two business days
ⓘ
500 USD if loss reported after two business days but within 60 days ⓘ unlimited liability if loss not reported within 60 days of statement ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| dateEnacted | 1978-11-10 ⓘ |
| defines |
electronic fund transfer
ⓘ
unauthorized electronic fund transfer ⓘ |
| enactedBy | United States Congress ⓘ |
| implementedBy | 12 C.F.R. Part 1005 ⓘ |
| implementedByRegulation | Regulation E ⓘ |
| jurisdiction |
United States federal government
ⓘ
linked to:
United States government
|
| limits | consumer liability for unauthorized electronic fund transfers ⓘ |
| partOf | Consumer Credit Protection Act ⓘ |
| primaryPurpose |
establish rights and responsibilities of consumers and financial institutions in electronic fund transfers
ⓘ
protect consumers engaging in electronic fund transfers ⓘ provide error-resolution procedures for electronic fund transfers ⓘ |
| protects | individual consumers using electronic banking services ⓘ |
| provides |
procedures for investigating reported errors
ⓘ
procedures for stopping payment of preauthorized transfers ⓘ |
| regulates |
ATM transactions
ⓘ
debit card transactions ⓘ direct deposit transactions ⓘ electronic bill payments ⓘ electronic fund transfers ⓘ point-of-sale electronic payments ⓘ preauthorized electronic transfers ⓘ |
| relatedTo |
Consumer Financial Protection Act of 2010
ⓘ
Fair Credit Billing Act ⓘ Truth in Lending Act ⓘ |
| requires |
clear information about consumer liability for unauthorized transfers
ⓘ
disclosure of terms and conditions of electronic fund transfer services ⓘ documentation of electronic fund transfers ⓘ error-resolution procedures for disputed electronic fund transfers ⓘ financial institutions to investigate reported errors within specified time frames ⓘ |
| scopeExcludes |
credit card transactions primarily governed by Truth in Lending Act
ⓘ
wire transfers for businesses under UCC Article 4A ⓘ |
| shortName | EFTA ⓘ |
| signedBy | Jimmy Carter ⓘ |
| yearEnacted | 1978 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Electronic Fund Transfer Act Description of subject: The Electronic Fund Transfer Act is a U.S. federal law that protects consumers in electronic banking and payment transactions by establishing rights, responsibilities, and error-resolution procedures for both consumers and financial institutions.
Referenced by (9)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: Electronic Fund Transfer Act
linked to: Electronic Fund Transfer Act