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The Expedited Funds Availability Act Requires That Funds Be Available

Question 42

Multiple Choice

The Expedited Funds Availability Act requires that funds be available to depositors:


A) within 5 days for local checks.
B) within 2 days for local checks.
C) within 2 days for both local checks and out-of-town checks.
D) within 2 days for out-of-town checks.
E) immediately upon deposit.

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