When a bank ________ a check,it agrees in advance (1)to accept the check when it is presented for payment and (2)to pay the check out of funds set aside from the customer's account.

Question

Quizplus · Accepted Answer

Certifying a check means that the bank confirms the validity of the check and that sufficient funds are available in the customer's account to cover the check when presented for payment. This gives the check a higher level of acceptance and makes it more likely to be honored by the receiving party.

When a Bank ________ a Check,it Agrees in Advance (1)to