The CFPB’s final rule on prepaid accounts, which became effective on April 1, 2019, requires issuers of prepaid accounts, with certain exceptions, to submit to the CFPB all account agreements that the issuer offers, amends, or withdraws. The deadline for the initial submissions was May 1, 2019. (In February 2019, the CFPB released guidance and technical specifications relating to the submission of such agreements.)
While not publicized by the CFPB, a searchable database of prepaid account agreements submitted to the CFPB can be accessed on the CFPB’s website.
