### Question
How is the term remittance transfer provider defined?


### Answer
The term **remittance transfer provider** is defined in *15 U.S.C. § 1693o* as the following:

> any person or financial institution that provides remittance transfers for a consumer in the normal course of its business, whether or not the consumer holds an account with such person or financial institution

#### Citation:
  - *15 U.S.C. § 1693o*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER VI-ELECTRONIC FUND TRANSFERS**

