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In most cases, it is the person who issued the cheque. It is his responsibility to ensure that he has sufficient funds in his account to pay the cheque.
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Can you pay a returned check fee with a personal check?
in drivers ed you cannot pay for a returned check with a person check
Who is responsible for a bounced check the issuer or the person that cashed the check?
The maker of the check is always responsible for a check bounced due to insufficient funds but was otherwise negotiable and legitimate. The payee may be held responsible if the check was not actually negotiable when cashed (meaning they should never have been paid and must therefore return the payment they received). However, that said, if you cash or deposit a check at your bank and the check is returned unpaid due to insufficient funds, your bank may recollect the funds from you. It is your responsibility to collect from the maker.
If check cashed at check cashing service is returned who is responsible?
The payee (person who received the money from the check cashing service) is responsible to the check cashing service for the bad check. They must repay the money and any fees associated with the check return. However, the maker (person who wrote the check originally) is responsible to the payee for providing an alternate form of payment for the amount of the check, and may also be liable for any fees associated with the check's return that the payee had to pay to the check cashing service. So, in short: The person who received the money from the check cashing service repays the service The person who originally issued/wrote the bad check is still responsible for paying the person to whom he gave the bad check.
What is a returned check?
A check is said to have returned if it does not meet any of the conditions as laid down by the banker. The condition may be insufficient funds, omission of date, no signature and so on. Bank will apply some charges for the check returned.
Can i cash a check at winn dixie if i have a returned check with certegy?
No.
Who is responsible for damages if the repo man took an unsecured trailer and some of the contents were missing when returned?
The LENDER is responsible.
What does returned deposited item mean?
A bounced check. Probably a check that you deposited into your account was no good so the bank returned it and deducted the money from your account.
A cancelled check means?
Been cashed and returned to you
A check returned not negotiable means what?
Can't cash it
What happends to a cancelled check?
it is returned to the account holder
What is Another name for a bounced check?
A bounced check is one that is "Returned for insufficient funds"
Car mart return?
Returned car to car mart can i be held financially responsible?
