Third-party fees.

Third-party fees.
(1) “Covered third-party fees.” The term “covered third-party fees” means any fees imposed on the remittance transfer by a person other than the remittance transfer provider except for fees described in paragraph (h)(2) of this section.
(2) “Non-covered third-party fees.” The term “non-covered third-party fees” means any fees imposed by the designated recipient's institution for receiving a remittance transfer into an account except if the institution acts as an agent of the remittance transfer provider.

Source

12 CFR § 1005.30

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Scoping language

Except as otherwise provided, for purposes of this subpart, the following definitions apply:

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