Quimbee logo
DMCA.com Protection Status

Provisional Settlement

Definition

Occurs when a depository bank credits the depositing customer’s account with the face amount of a check after the customer presents the check but before the final settlement of the check occurs.

Related Rules


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

Valley Bank of Ronan v. Hughes