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Remittance Transfer Rule Transfers

Ballard Spahr LLP

CFPB extends remittance transfer rule depository institutions exception and finalizes other revisions

Ballard Spahr LLP on

The CFPB has issued a final rule that extends for five years (until July 21, 2020) the temporary exception in its remittance transfer rule that allows insured depository institutions to estimate fees and exchange rates in...more

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