Are checks written by a depositor and paid by the bank?

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1221489

2026-03-19 14:25

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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.

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