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The bank who shuts down the Kite comes out best. Those banks that fail to detect the kite get stuck.

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14y ago
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Q: What happens after check kiting is suspected and bank closes the account?
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Related questions

Can i open second account after closed for kiting?

No.


How kiting on cash done?

Kiting is when you write a check on an account without having funds. You receive cash without having the funds to back it up.


What if you write a check to yourself on a closed account to another account?

Then you are commiting a crime known as check kiting.


What can a company do to prevent kiting?

Kiting is writing a bad check to get money to deposit in a bank account to cover another outstanding check. While this practice used to be very common, it is much harder to do now that so many companies process checks electronically. To prevent kiting, a company should process all checks at the end of the day.


When was Rebecca Kiting born?

Rebecca Kiting was born on 1991-05-08.


What are some action verbs that started with?

kiting


Who sans culottes killed?

me ;(


What are some action verbs that start with k?

kiting


What are antonyms of layout?

don't know! just kiting, go to dictionary.com


How does kiting relate to other things?

In the context of gaming or sports, kiting refers to the technique of keeping a safe distance from an opponent while attacking or defending. It involves a combination of movement and skill to outmaneuver the opponent effectively. Kiting can also be used in other contexts to describe the act of flying a kite, which involves controlling the kite's movement using wind and string.


What is power kiting?

where you get a powerful kite to pull you along with a all-terrain board


Is yesterday an adverb in the sentence yeserday you went power kiting?

Yes, the word yesterday is both a noun and an adverb. In the sentence, 'Yesterday, you went power kiting', yesterday is used as an adverb modifying the verb went, 'you went yesterday...'.