Banks typically put a ________ on the depositor's ability to access some or all of the funds represented by the instrument until it ________ through the system.

A) halt;clears
B) hold;passes
C) hold;clears
D) halt;passes

Depositor's Ability

The capacity of a depositor to make deposits or conduct other transactions with a bank or financial institution.

Clears

typically refers to the process by which transactions are settled or reconciled between parties in trading or financial contexts.

Hold

A directive to keep, reserve, or delay an action or transaction, often used in financial and organizational contexts.