Which law requires disclosures about when funds will be available for withdrawal after a deposit?

The Expedited Funds Availability Act mandates that financial institutions provide clear disclosures regarding the availability of deposited funds. This law ensures that consumers are informed about when they can expect to access their deposits, particularly in terms of check deposits. It establishes specific timelines for when various types of deposits will be available for withdrawal, promoting transparency and allowing consumers to better manage their finances. This is particularly important for maintaining trust in the banking system and ensuring that customers know when they can rely on having access to their funds.

While other laws, such as the Truth in Savings Act, address aspects of disclosures related to savings accounts and interest rates, they do not focus specifically on the timelines for fund availability after a deposit. Similarly, the Federal Reserve Act and the role of the Federal Deposit Insurance Corporation do not pertain to the availability of funds after deposits are made. Thus, the Expedited Funds Availability Act is the correct answer as it directly addresses the requirement for disclosures about when funds will be available for withdrawal after a deposit.