Submission - Joint response to the Review of the Electronic Funds Transfer Code of Conduct (2008)
Proposal D3
We propose to introduce a requirement for subscribers to respond to requests for information from another subscriber within 30 days, unless there are exceptional circumstances. |
D3Q1 Do you agree with this proposal? Please give reasons.
Consumer stakeholders support this proposal. There is a history of buck-passing and blaming third parties for delays in EFT Code dispute resolution, resulting in lengthy delays, frustration and additional hardship for consumers.