# Electronic Fund Transfers
> **US Federal Reserve System** · Final rule; official staff commentary. · Published 2009-11-17 · Effective 2010-01-19 · 74 FR 59033
## Document
- **Document number:** E9-27474
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 74 FR 59033
- **CFR reference:** 12 CFR 205
- **Publication date:** 2009-11-17
- **Effective date:** 2010-01-19
- **Docket:** Regulation E
## Abstract

The Board is amending Regulation E, which implements the Electronic Fund Transfer Act, and the official staff commentary to the regulation, which interprets the requirements of Regulation E. The final rule limits the ability of a financial institution to assess an overdraft fee 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 these transactions.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2009/11/17/E9-27474/electronic-fund-transfers)
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