Amendments to the Prepaid Accounts Rule Summary

Updated 02/05/2019

This tool summarizes the Amendments to the Prepaid Accounts Rule. The changes affect the Prepaid Accounts Final Rule that was initially published on November 22, 2016. The Amendments changed four areas of the Final Rule: (1) the final effective date; (2) error resolution and limited liability under Reg. E; (3) digital wallets; and (4) other clarifications and minor adjustments.

Members Can Download This Tool

Login to Download

Forgot password?


Not Yet a Member?

Our members enjoy:

On-demand regulatory guidance hotline – by chat, phone and email – available from anywhere, on any device – 7 am - 6 pm, M-F, Central time 

Research time saved daily/ weekly across forms, across checklists, across trainings — for every regulation

Hours of form-building and branding of bank documents saved; in some cases, even the budget of additional staff

A sounding board for support and reassessment when institutional goals or the regulatory environment changes

Access to attorneys and compliance specialists for risk modelling and decision-making in advance of large business decisions

The knowledge that C/A was created and owned by 29 State Bankers Association to provide bank compliance services to their membership organizations

Find out how a personalized team of attorneys and compliance professionals helps build targeted compliance strategies throughout your institution when you take our Live Membership Demo.

Become a Member