Checks drawn on banks that do not participate in a bank's local clearing house or exchange are called
A) remote items
B) presentment items
C) courier items
D) transit items
Correct Answer:
Verified
Q1: Drafts are very similar to checks; the
Q3: Interstate banking on an unlimited scale would
Q4: Fed float occurs because the Fed
A)is no
Q5: The numbers on the bottom area of
Q6: The bank of first deposit will select
Q7: Some corporations have been reluctant to use
Q8: Advantages of wire transfers include all of
Q9: A central location where representatives of area
Q10: Knowledge of the regulatory system,and changes to
Q11: _ is NOT an electronic means to
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