# Electronic Fund Transfers
> **US Federal Reserve System** · Final rule. · Published 2010-06-04 · Effective 2010-07-06 · 75 FR 31665
## Document
- **Document number:** 2010-13280
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 75 FR 31665
- **CFR reference:** 12 CFR 205
- **Publication date:** 2010-06-04
- **Effective date:** 2010-07-06
- **Docket:** Regulation E
## Abstract

On November 17, 2009, the Board published a final rule amending Regulation E, which implements the Electronic Fund Transfer Act, and the official staff commentary to the regulation (Regulation E final rule). The Regulation E final rule limited the ability of financial institutions to assess overdraft fees for paying automated teller machine (ATM) and one-time debit card transactions that overdraw a consumer's account, unless the consumer affirmatively consents, or opts in, to the institution's payment of overdrafts for those transactions. The Board is amending Regulation E and the official staff commentary to clarify certain aspects of the Regulation E final rule.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2010/06/04/2010-13280/electronic-fund-transfers)
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