Which statement is false?
Question 23Select one:
a.
Depositing a certified cheque may require the funds be frozen until clearance from the issuing institution.
b.
A stop payment order is initiated by the owner of the bank account from which the payment will be made.
c.
Overdraft protection is a short term loan.
d.
Cash withdrawal on a debit card results in the same interest charge as a cash advance on a credit card.
c.
Overdraft protection is a short term loan.