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Consumer Account
An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.
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Convenience Fees
These fees allow for the quick offset of transaction processing costs for methods of payment that are outside of a business’s traditional methods. Learn More
Related Terms
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EFTA (Electronic Fund Transfer Act)
The Electronic Fund Transfer Act establishes the rights and liabilities of consumers in addition to the responsibilities of anyone who participates in electronic funds transfers.
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