The Clearing House Association submitted a joint-trades comment letter on the CFPB’s proposal to revise the Remittance Transfer Rule. The Associations’ letter strongly supports the Bureau's proposal to extend the temporary exception that permits insured institutions to disclose, under certain circumstances, estimates rather than exact amounts of exchange rates and the amount of covered third-party fees. The proposal would extend the expiration date of the exception by five years to July 21, 2020. TCH also generally supported certain clarifying changes to the remittance rule and requested that the CFPB add Colombia to its published list of “safe harbor” countries.