CFPB Begins Accepting Money Transfer Complaints

By PYMNTS | April 4, 2013

The Consumer Financial Protection Bureau announced Thursday that it will begin accepting money transfer complaints from consumers.

In a blog post, the CFPB lists lacking available money when promised, receiving wrong amounts, seeing unauthorized transactions as some issues that are permissible complaints.

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Consumers should have information such as the name and address for both sender and receiver, date of transfer and the receipt or transaction number available when making a complaint.

Read the full story here.