A "substitute check" is
A)a digital picture of your original check formated for bank processing.
B)any photocopy of an original check.
C)meant to replace an original check that has been lost or stolen.
D)issued by a credit card company to cover previous purchases.

Question

Quizplus · Accepted Answer

A substitute check is a digital image of the front and back of an original check that is created and exchanged between banks in place of the original paper check. It is formatted to meet the legal requirements of a paper check and is used for processing purposes, such as clearing and settlement.

A "Substitute Check" Is