how a check is processed

View Paper
ESSAY DETAILS Words: 707
Pages: 3
(approximately 235 words/page)

Essay Database > Literature > English
Checks are written everyday at almost every place of business. At age 18 anyone with the adequate amount of money can open a checking account of their own. One aspect of checking account functions that many account owners are not familiar with is the processing of their checks after they have been written. When grocery shopping at a place such as Winn Dixie the customer many times thinks to his or herself whether he or she …

showed first 75 words of 707 total
Sign up for EssayTask and enjoy a huge collection of student essays, term papers and research papers. Improve your grade with our unique database!
showed last 75 words of 707 total
…of the check is sent to the owner the check is kept in a safe place until it can be properly destroyed. This is only one example of the way a check is cleared through a certain business. Although, the basic concept of check clearing is the same, each individual company may go through its own processing procedure before depositing the check to the bank. Most banks handle their checks in approximately the same manner.