Examlex
Which of the following are considered money?
i.electronic checks
ii.paper checks
iii.the deposit transferred using an e-check
Bank Responsibility
The legal and ethical obligations of banks to act in the best interest of their customers and society, including the safeguarding of deposits and the prudent lending of funds.
Altered Check
A check that has been tampered with after its original issuance, such as changing the amount payable.
Properly Payable
Refers to funds that a bank must legally disburse in accordance with the directives on a check or draft presented.
Date
A specific point in time, typically described with a day, month, and year.
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