Instead of depositing an "on them" check for collection, a depositor can physically submit the check for payment at the payer bank. This is called ________.

Question

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Presentment across the counter refers to physically submitting the check for payment at the payer bank. Provisional credit refers to the temporary credits provided by the bank before the check has been cleared and settled. Indorsement of the check refers to the process of signing on the back of the check to transfer ownership or to specify the method of payment. Final settlement refers to the completion of the payment process after all the necessary verifications and clearances have been completed.

Instead of Depositing an "On Them" Check for Collection, a Depositor