Which of the following is an accurate statement regarding bank liability for paying a check that has been altered? Multiple choice question. Generally, if a bank pays a check that has been altered, the bank is liable for the alteration. Generally, if a bank pays a check that has been altered, the bank is not liable. A bank is liable for paying a check that has been altered only if it is not insured by the Federal Deposit Insurance Corporation. A bank is liable for paying a check that has been altered only if the check is certified