Paying bank
nouncandidate·updated May 9, 2026
A paying bank is the institution where a check is payable and to which it is sent for payment.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- A paying bank is the institution where a check is payable and to which it is sent for payment.