How does making a payment by check affect your checking account balance?

What happens to your checking account balance when you make a payment by check?

A. Your balance decreases the following month.

B. Your balance decreases when the check is processed.

C. Your balance is not directly affected.

D. Your balance decreases immediately.

Answer:

Final answer: Making a payment by check decreases your checking account balance when the check is processed.

Making a payment by check affects your checking account balance by decreasing it when the check is processed. When you write a check, it serves as an instruction to your bank to transfer funds from your account to the recipient's account. The check is then processed by the bank, and the amount of the payment is deducted from your account balance.

It's important to keep track of your check payments to ensure that you have enough funds in your account to cover the payment when it is processed. Failure to do so can result in overdraft fees and other consequences.