A _____ bank handles checks, but not including payor and depository banks.
A) correspondent
B) intermediary
C) clearinghouse corporation
D) collecting
E) wholesale funds transfers
Correct Answer:
Verified
Q27: Electronic funds transfers do not eliminate the
Q28: Section 4-213(1) spells out that it will
Q29: An office where banks exchange checks and
Q30: A bank is liable for paying out
Q31: According to the Electronic Fund Transfer Act
Q33: Which of the following holds true in
Q34: Article 4A addressed the frequently occurring legal
Q35: A collecting bank is one _.
A) that
Q36: If the depository bank is also the
Q37: Which of the following holds true for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents