Checks allow you to transfer funds from your account to other people and organizations.
Correct Answer:
Verified
Q19: Stock brokerage firms are federally insured institutions.
Q20: Mutual savings banks are called "mutual" because
Q21: A cashier's check is drawn on the
Q22: A money order is a checking instrument
Q23: Share draft accounts at credit unions are
Q25: There are no fees charged for a
Q26: The interest rate you earn on your
Q27: Fees of no more $10 are generally
Q28: Checking accounts that pay no interest are
Q29: NOW accounts get their name because they
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