Consumer Financial Protection Bureau Settles With Remittance Transfer Provider for Remittance Transfer Rule Violations
December 22, 2020
December 22, 2020
WASHINGTON, Dec. 22 -- The Consumer Financial Protection Bureau issued the following news release on Dec. 21:
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Envios de Valores La Nacional (La Nacional) based on the Bureau's finding that La Nacional violated the Electronic Fund Transfer Act (EFTA) and the Remittance Transfer Rule, which implements EFTA. La Nacional is a large remittance transfer provider incorporated in New York and licensed in 15 . . .
The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Envios de Valores La Nacional (La Nacional) based on the Bureau's finding that La Nacional violated the Electronic Fund Transfer Act (EFTA) and the Remittance Transfer Rule, which implements EFTA. La Nacional is a large remittance transfer provider incorporated in New York and licensed in 15 . . .