A _________ provides a safe means of transferring money and serves as a receipt when paid and canceled by the bank.

Question

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A check is a written order instructing a bank to pay a specific amount of money to a designated recipient, and upon approval, it serves as a receipt that the payment has been made. Checks provide a safe means of transferring money as banks verify the information and ensure that the funds are available before processing the payment.

A _________ Provides a Safe Means of Transferring Money and Serves