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Can you summarize FLREG 69U-100.963?
FINANCIAL INSTITUTIONS GENERALLY > Automated Teller Machines and the Disclosure of Safety Information
Short Summary
This rule, 69U-100.963 of the Florida Administrative Code, pertains to the disclosure of safety information related to automated teller machines (ATMs). It applies to financial institutions in Florida that operate ATMs and their customers. The rule defines key terms such as ‘access device’ and ‘automated teller machine’. It requires customers receiving access devices to ATMs to be furnished with information regarding safety precautions for using the ATM. The information must be personally delivered or mailed to each customer’s mailing address. The Office of Financial Regulation (OFR) has discretionary authority to determine the substance of the safety information. The rule provides guidelines on safety precaution issues that should be addressed, including being alert and aware of the surrounding area, the advantage of being accompanied by another person, proper handling of cash proceeds and personal identification numbers (PINs), and actions to take when confronted with suspicious activities during ATM transactions. The rule does not apply to devices used solely for check guarantees or check authorizations on a person-to-person basis. No specific penalties are mentioned in the rule.
Whom does it apply to?
Financial institutions in Florida that operate automated teller machines (ATMs) and their customers
What does it govern?
Automated Teller Machines and the Disclosure of Safety Information
What are exemptions?
Devices used solely to facilitate check guarantees or check authorizations which are used in connection with the acceptance or dispensing of cash on a person-to-person basis, such as by a store cashier
What are the Penalties?
No specific penalties mentioned
Jurisdiction
Florida