Certified checks must be made available by:
A)the next day after the day of deposit.
B)within four days.
C)on the same day.
D)any business day.

Question

Quizplus · Accepted Answer

Certain items must be made available by the next day after the day of deposit.These include: cash deposits where the deposit is made in person to an employee of the depositary bank;electronic payments;checks drawn on the U.S.Treasury;U.S.Postal Service money orders;checks drawn on a Federal Reserve Bank or Federal Home Loan Bank;checks drawn by a state or a unit of local government;cashier's,certified,or teller's checks;checks drawn on the depositary bank;the lesser of $100 or the aggregate deposit on any one banking day.

Certified Checks Must Be Made Available By