Under Check 21,the maximum time that a bank can hold funds from deposited checks before making them available to the depositor will increase.

Name: Under Check 21,the maximum time that a bank can hold funds from deposited checks before making them available to the depositor will increase.
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Question

Quizplus · Accepted Answer

Check 21 does not change the maximum hold times for checks; it allows banks to process checks electronically, potentially speeding up the availability of funds.

Under Check 21,the Maximum Time That a Bank Can Hold