Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are my responsibilities once the checking account is open?

April 26, 2017checking account responsibilities

0

Posted

What are my responsibilities once the checking account is open?

1 Answer

0

Posted

A. Once the account is open, it is the responsibility of the account holders to reconcile their statements and maintain a proper balance in order to clear all checks. It is very important to pay attention to your balance, and a monthly reconciliation of your account is highly beneficial.