If Sue writes a check to Bob to buy a used car and they use different banks, the payment will most likely be settled by the Federal Reserve debiting the reserve account of Sue's bank and crediting the reserve account of Bob's bank the Federal Reserve debiting Sue's bank account and crediting Bob's bank account the Federal Reserve crediting the reserve account of Sue' bank and debiting the reserve account of Bob's bank the Federal Reserve crediting Sue's bank account and debiting Bob's bank account