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Are checks written by a depositor and paid by the bank?
Yes, a person with a bank account (a depositor) can write a check against that account for a sum of money. The person given the check (who the check is made out to) then presents it to their bank and the banks between them move the money from the account of the person who wrote the check to the account of the person who was given the check.
What is a written order to a bank to pay a stated sum of money from the owners account?
There are several instruments (e.g. personal check, business check. bank draft).
What is meant by the cheques?
Cheques are written orders to a bank to pay stated sum from an account to a named person. hey i am shanice fr: jamaica, one luv!!!!!!!!!!!
What is the purpose of check?
A cheque is a negotiable instrument that can be issued by one person to pay money to another person/entity. The person to whom the cheque is issued is entitled to receive the sum mentioned in the cheque (provided the account has sufficient balance) from the bank where the cheque issuer holds his account.
What is a sum of money levied on a person's property or income by a government?
A tax.
What is a homonym for check?
A homonym for "check" is "cheque," which is an alternative spelling commonly used in British English to refer to a written order to a bank to pay a specified sum from a person's account to another person or business.
Are checks written by a depositor and paid by the bank?
Yes, a person with a bank account (a depositor) can write a check against that account for a sum of money. The person given the check (who the check is made out to) then presents it to their bank and the banks between them move the money from the account of the person who wrote the check to the account of the person who was given the check.
What is the difference between payor and payee?
The payer is the person that is paying a sum of money to the payee. The payer signs the check and the payee is the person who cashes the check.
What does check sum mismatch mean?
The number on the written line is different then the number line.
What has the author Barbara Jean Kilgard written?
Barbara Jean Kilgard has written: 'A comparison of minimax behavior with observed behavior in a two-person zero-sum game interaction' -- subject(s): Choice (Psychology), Social interaction, Two-person zero-sum games
What is a written order to a bank to pay a stated sum of money from the owners account?
There are several instruments (e.g. personal check, business check. bank draft).
Suppose that a check sum generator finds the sum of the segments in a data unit to be 00011100 what should the check sum field be?
11100011
If a person invests 10000 and receives 2 years of monthly income upon death what is the total lump sum payback?
You do not tell us how a month you would be receiving. 400 X 24 = 9600
When a child's parent receives a lump sum from a life insurance policy is it figured into child support?
no
What is the sum of d and 9 written as an expression?
The sum of ( d ) and 9 can be written as the expression ( d + 9 ).
What is the voluntary life benefit and how does it work?
The voluntary life benefit is an optional insurance policy that provides a cash payment to the beneficiary upon the death of the insured person. The insured person pays premiums to maintain the policy, and in return, their beneficiary receives a lump sum payment if the insured person passes away.
What is the advantage in paying with a lump sum?
The advantage of a person paying with a lump sum is that it will affect the interest that a person will pay on the money they have borrowed. Paying a lump sum will also help a person because a person will pay less on their interest and mortgage.
