Wire Transfer and Reg J Disclosure

3 posts / 0 new
Last post
bmcmahon

Hi,Could someone direct me in Reg J where I can find how our member is supposed to receive the REG J disclosure?  We have had it attached to the back of our Wire Transfer form in the past so the member would receive it every time they did a wire.  Now management wants to know if it can be disclosed at account opening only, as we have gone to an automated wire transfer system.I looked through the FRB book REG J tab and could not find how often this information needs to be given to the member.ThanksBeverly McMahon;  Senior Auditor, Century Federal Credit Union