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Financial Institution Industry

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  Website Updated 1/21/2012

Your Source for Banking Policies, Procedures, and More.

Product Update Notification - 05/10/10


Regulation E Policy Template Update Details


What's New


Topic 12 - Requirements for Gift Cards and Gift Certificates.  Includes the following subtopics:


Form of Disclosures

Prohibition on Imposition of Fees or Charges

Prohibition on Sale of Gift Certificates or Cards with Expiration Dates

Additional Disclosure Requirements for Gift Certificates or Cards

Compliance Dates


What's Revised


Topic 3 - Definitions.  The following definitions were added:


Activity

Dormancy of Inactivity Fee

Exclusions for the Terms of Gift Certificate, Store Gift Card, and General Use Prepaid Card

General Use Prepaid Card

Gift Certificate

Loyalty, Award or Promotional Gift Card

Store Gift Card


Topic 7 - Customer Disclosures.  The first paragraph of the "General" subtopic was revised.


Topic 19 - Relation to Other Laws.  Formerly Topic 18, bullet point 1 with the "Preemption of Inconsistent State Laws" subtopic was revised.


Ordering Information


This product is available to purchase from Bankpolicies.com for:


$325.00 - List Price

- or -

$25.00* - Update Price


*Applies only to clients who have purchased the Regulation E Policy Template within the last three years including the following updates (if applicable):


Regulation E Policy Template Update - 03/08/10- $25.00

Regulation E Policy Template Update - 12/07/09- $25.00

Regulation E Policy Template Update - 10/21/08- $50.00

Regulation E Policy Template Update - 12/18/07- $25.00

Regulation E Policy Template Update - 07/24/07- $25.00


If you have ordered this product after 04/10/10 you are eligible to receive the product update at no charge.


Click here to place an order for this product.  Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies).


NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy.  Orders placed for Product Updates are only available directly through Bankpolicies.com.


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