(a) Except as provided in (b) of this section, this chapter does not apply to a funds transfer if a part of the funds transfer is governed by 15 U.S.C. § 1693 – 1693r (Electronic Fund Transfer Act of 1978), as amended from time to time.
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(b) This chapter applies to a funds transfer that is a remittance transfer as defined in 15 U.S.C. §§ 1693o–1, as amended from time to time, unless the remittance transfer is an electronic fund transfer as defined in 15 U.S.C. § 1693a, as amended from time to time.(c) In a funds transfer to which this chapter applies, in the event of an inconsistency between an applicable provision of this chapter and an applicable provision of 15 U.S.C. § 1693 – 1693r, the provision of 15 U.S.C. § 1693 – 1693r governs to the extent of the inconsistency.
