What is the verb used when a bank check has been paid?
Is the word cleared
?
EDIT:
To be more specific, I'm looking for the word that means the check has been completely processed and it has either been cashed or deposited to another account. Should I just use the words cashed
or deposited
?
Learn English – the verb used for check payments
verbsword-choice
Best Answer
It seems the word you are looking for is cleared
2a. if you cash it, the bank has to clear it immediately or will deduct the amount from your account if it does not clear, so you will need to have an account in that bank
UK Barclay cycle
http://ask.barclays.co.uk/help/day2day_banking/chequeclearing