Regulation E: Change in Terms

If an institution changes any term or condition required to be disclosed under §1005.7(b) that results in the following:

1. Increased fees for the consumer;
2. Increased liability for the consumer;
3. Fewer types of available electronic fund transfers; or
4. Stricter limitations on the frequency or dollar amount of transfers.

Regulation E states the institution must mail or deliver a written notice to the consumer, at least 21 days before the effective date. This timing can sometimes cause confusion because other regulations require advance notice of 30 days.

Kevin explains more in the video and how some institutions remedy this difference.

Published 2026/07/14