Accredited ACH Professional (AAP) Practice Exam

Who is responsible for making payment on a check?

1. Beneficiary

2. Payee

3. Payor

4. Originator

The correct answer is: Payor

The individual or entity responsible for making payment on a check is the payor. This refers to the person or organization whose account the funds will be drawn from when the check is cashed or deposited. The payor's obligation is to fund that transaction by ensuring there are sufficient funds in their account to cover the check amount. The beneficiary, on the other hand, is the party that benefits from receiving the payment, while the payee is the individual or entity to whom the check is written and who is entitled to deposit or cash it. The originator typically refers to the party that initiates a transaction or payment instruction, often in the context of electronic funds transfers, and does not have a direct role in the physical check payment process.