Question: A collecting bank is one _ _ _ _ _ . Question 4 4 options: that collects the amount of a check for its customers

A collecting bank is one _____.
Question 44 options:
that collects the amount of a check for its customers from the payor bank
into which a check is deposited by its payee
that handles checks, but not including payor and depository banks
upon which a check is drawn; the drawee
where banks exchange checks and drafts and settle accounts, owned by the member banks participating

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