Social Sciences, asked by srutinairbinu, 11 months ago

What is check how payments are made with check

Answers

Answered by RonakMangal
3

Answer:

A check payment is a negotiable instrument drawn against deposited funds, to pay a specific entity a specific amount of funds on demand. ... The payer's bank then shifts funds from the payer's account to the payee's bank, thereby settling all accounts.

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