---
kind: "section"
citation: "15 U.S.C. § 1693e"
title: "15"
title_heading: "Commerce and Trade"
number: "1693e"
heading: "Preauthorized transfers"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/1693e"
units:
  - "Chapter 41 — Consumer Credit Protection"
  - "Subchapter VI — Electronic Fund Transfers"
---

# §1693e. Preauthorized transfers

- (a) A [preauthorized electronic fund transfer](/usc/15/1693a.md?p=10) from a [consumer](/usc/15/1692a.md?p=3)’s [account](/usc/15/1693a.md?p=2) may be authorized by the [consumer](/usc/15/1692a.md?p=3) only in writing, and a copy of such authorization shall be provided to the [consumer](/usc/15/1692a.md?p=3) when made. A [consumer](/usc/15/1692a.md?p=3) may stop payment of a [preauthorized electronic fund transfer](/usc/15/1693a.md?p=10) by notifying the [financial institution](/usc/15/1693a.md?p=9) orally or in writing at any time up to three [business days](/usc/15/1693a.md?p=5) preceding the scheduled date of such transfer. The [financial institution](/usc/15/1693a.md?p=9) may require written confirmation to be provided to it within fourteen days of an oral notification if, when the oral notification is made, the [consumer](/usc/15/1692a.md?p=3) is advised of such requirement and the address to which such confirmation should be sent.
- (b) In the case of preauthorized transfers from a [consumer](/usc/15/1692a.md?p=3)’s [account](/usc/15/1693a.md?p=2) to the same [person](/usc/15/1602.md?p=e) which may vary in amount, the [financial institution](/usc/15/1693a.md?p=9) or designated payee shall, prior to each transfer, provide reasonable advance notice to the [consumer](/usc/15/1692a.md?p=3), in accordance with regulations of the [Bureau](/usc/15/1692a.md?p=1), of the amount to be transferred and the scheduled date of the transfer.

## Source credit

(Pub. L. 90–321, title IX, § 907, as added Pub. L. 95–630, title XX, § 2001, Nov. 10, 1978, 92 Stat. 3733; amended Pub. L. 111–203, title X, § 1084(1), July 21, 2010, 124 Stat. 2081.)

## Notes

### Editorial Notes

### Amendments

2010—Subsec. (b). Pub. L. 111–203 substituted “Bureau” for “Board”.

### Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.