Do banks have to accept promissory notes?

0 votes
asked Dec 16, 2017 in Other-Finance by xBubona (210 points)
Do banks have to accept promissory notes?

1 Answer

0 votes
answered Dec 16, 2017 by Judy (58,130 points)
An individual bank can choose what they accept and what they don't so although most banks will gladly accept the promissory note they're not required to do so.

115,171 questions

126,038 answers

1,376 comments

7,059,793 users

...