TriState Bank agrees to accept a check by setting aside sufficient funds to cover the amount. This check is considered
A)cashed.
B)certified.
C)deposited.
D)a provisional credit.

Question

Quizplus · Accepted Answer

When a bank agrees to accept a check by setting aside sufficient funds to cover the amount, it is considered as certified. This means that the bank guarantees that the funds are available and will be paid upon the check's presentation.

TriState Bank Agrees to Accept a Check by Setting Aside