Most people never look at the process that the check goes through once it's been written. Typically, the assumption is to be "good" with the funds readily available that to draw. That does not always take place, of course. Checks tend to be written that bounce; once they do, the bank could be at risk of a monetary loss. In this article, we will explore exactly how banks recognize checks that they receive and collect funds from those they send anywhere else for recompense. We'll also have a
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