Massachusetts H1294 amends ATM receipt requirements to include more detailed information for consumers.

Massachusetts H1294 amends the state's General Laws to enhance the information provided on ATM receipts. The bill mandates that financial institutions include specific details such as the amount and date of the transaction, account types, third-party identities, terminal locations, and a unique transfer identification number. It also requires the provision of contact information for the point-of-sale terminal. This detailed documentation aims to improve transparency and accountability in electronic fund transfers.

Massachusetts H1294 amends ATM receipt requirements to include more detailed information for consumers.

Massachusetts H1294 amends the state's General Laws to enhance the information provided on ATM receipts. The bill mandates that financial institutions include specific details such as the amount and date of the transaction, account types, third-party identities, terminal locations, and a unique transfer identification number. It also requires the provision of contact information for the point-of-sale terminal. This detailed documentation aims to improve transparency and accountability in electronic fund transfers.