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Nevada Revised Statutes Title 55. Banks and Related Organizations § 660.052. Fee for and record of transaction

Current as of January 01, 2025 | Updated by Findlaw Staff

1. A financial institution operating an electronic terminal may charge a transaction fee to the customer using the electronic terminal if the transaction fee is disclosed electronically during the course of the transaction so as to permit the customer to cancel the transaction without incurring the transaction fee.

2. For each transaction processed by an electronic terminal, except for a transaction involving a negotiable instrument that is its own receipt, the electronic terminal must, at the time of the transaction, make available to the customer a machine processed or handwritten record of each transaction. The record must include:

(a) The amount of the transaction. A fee for the transaction may be included in this amount if the electronic terminal is owned or operated by a person other than the financial institution that holds the customer's account if the fee is disclosed on the record of the transaction and pursuant to subsection 1.

(b) The date of the transaction.

(c) The type of transaction and the type of account to or from which money is transferred. Codes may be used for this purpose if they are explained on the record of the transaction.

(d) A number or code that identifies the customer, the customer's account number or the device used to access the electronic terminal.

(e) The location of the electronic terminal, or a number or code identifying that location.

(f) The name of each third party to or from whom money is transferred, if the name provided by the customer can be reproduced by the electronic terminal on the record of the transaction. A code may be used for this purpose only if it is explained on the record of the transaction.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 660.052. Fee for and record of transaction - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-660-052/

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