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Within How Many Business Days Must a Bank Make Proceeds

Question 124

Multiple Choice

Within how many business days must a bank make proceeds of deposited checks available?


A) 3 days for all checks
B) 3 days for local and 7 days for nonlocal checks
C) 2 days for local and 5 days for nonlocal checks
D) 5 days for all checks
E) 7 days for all checks

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