Examlex
Which of the following is the path to the Trace Precedents button?
Cheques
Documents that order a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
Collection Float
The time span between when a check is deposited and when the funds are actually available in the account, reflecting processing time.
Checks
Checks are written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated party.
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