Regulation E applies to consumer asset accounts. It sets notice deadlines, investigation timelines, and caps on consumer liability for unauthorized transfers. Business accounts are outside its scope, which is the single most misunderstood point when a company suffers a payment loss.
It also distinguishes unauthorized transfers from transfers the consumer was deceived into authorizing, and that boundary is the center of ongoing debate over scam liability.
Common questions
No. It applies to consumer asset accounts, so commercial payments fall under the deposit agreement and UCC Article 4A.
Its core protections address unauthorized transfers, and authorized but induced payments have been the subject of continuing regulatory attention rather than settled coverage.
Sources and further reading
Citing this entry? Cite as Coffr, LLC and link to https://coffr.com/glossary/regulation-e.