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Get CFPB Remittance Transfer Rule Overview 2013-2024

Timating 1. Use bases listed in 1005.32(c) for: exchange rate; transfer amount; other fees; and amount received 2. Use non-listed method for estimating as long as designated recipient receives, the same, or greater amount of funds than disclosed in estimate 22 Cancellation and refund 1. Sender cancels within 30 minutes of payment 2. Provider refunds within 3 business days of request 23 Error resolution process 1. Sender reports error within 180 days of disclosed date of availability .

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