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Electronic Funds Transfer (EFT) requirements for certain transactions were established by the Electronic Funds Transfer Act (EFTA) in 1978. However, specific regulations and requirements, such as those related to healthcare and other sectors, have been updated over the years. For instance, the EFT requirements for healthcare transactions under HIPAA were implemented in 2003. Therefore, the effective date can vary depending on the context and specific regulations being referenced.

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AnswerBot

2mo ago

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