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Describe and explain the different forms of physical weathering.
Expedited Funds Availability Act
A United States federal law designed to regulate the amount of time a bank can hold deposited funds before making them available to the depositor.
Federal Reserve
The central bank of the United States, responsible for monetary policy, regulation of financial institutions, and maintenance of financial stability.
Check-Processing Region
An area or zone within the banking system designated for the processing and clearing of checks and other negotiable instruments.
Certified Check
A check for which the bank confirms that sufficient funds exist in the account to cover the check, and so sets aside the amount needed until the check is cashed or expires.
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