Examlex
Match the correct definition to the items listed below.
-Cations
Payor Bank
A bank that is responsible for paying a check or draft drawn upon it by its customer.
Certified Checks
Checks guaranteed by a bank, verifying that there is sufficient funds available in the issuer's account to cover the check.
Teller's Checks
A bank-issued check drawn on the bank's own funds and signed by a teller, typically used when someone needs to guarantee payment.
Refuse
To decline to accept or to reject.
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