How may disclosures "upon request" be provided according to TISA?

Disclosures "upon request" according to the Truth in Savings Act (TISA) can be provided electronically, which reflects the adaptability of modern banking practices to accommodate customers' preferences. The law allows financial institutions to deliver information digitally, as long as the customer has the ability to access these electronic disclosures. This approach enhances convenience and aligns with the increasing reliance on technology for communication and transactions in the banking sector.

The option highlighting electronic delivery without needing separate consent is particularly critical. It acknowledges that customers often prefer receiving disclosures through electronic means, making the process simpler and faster. This aligns with the intent of TISA to ensure consumers have access to clear and transparent information about their accounts, thus empowering them to make informed financial decisions.

Providing information in only written form or specifying physical formats limits the flexibility that TISA intends to provide both consumers and financial institutions. Additionally, requiring detailed documentation for verbal disclosures could lead to impractical situations and does not reflect the streamlined nature of modern communication methods that TISA supports.