The 10 day period for transfer period should be extended to 15 days instead of 10. As well, a person should be included in this regulation so that it applies to all transfers whether they be via bank, business, or personal. However, there should be more flexibility in this rule to allow for the variances in society and daily life. Too strict of a rule would be more harmful than helpful rendering this decision as not in the best interests of the American People. Flexibility should be the goal here.
Comment on CFPB_FRDOC_0001-0050
This is comment on Proposed Rule
Electronic Fund Transfers
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