Question

Article 4A of the Uniform Commercial Code establishes the ________. requirements for negotiable instruments, such as checks rules and principles that regulate bank deposit and collection procedures for checking accounts offered by commercial banks rules that regulate the creation and collection of and liability for wire transfers guidelines for ownership of securities by investors

Answer 1

Answer:

rules and regulations for fund transfers

Explanation:

Article 4A of the Uniform Commercial Code establishes the rules and regulations for fund transfers. Like mentioned in the question this regulates the creation as well as the collection of commercial wire transfers, such as bank transfer, checks and even deposits.This is done in order to prevent fraud and make sure all money is tracked and accounted for legally.