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What else can I help you with?
What happen when a discounted cheque dishonoured?
cheque is returned to the party and amount of discounted value of cheque is debited in his account.
What happens if you don't have enough funds to cover a check?
The first would surely happen and of the remaining, Either or all of them would happen. * The Cheque would bounce and no payment would be made * The bank would charge a cheque bounce fee * The cheque receiver would request a fresh payment or initiate a legal proceeding against you * The bank would lower your credit rating and your chances of getting loans in future would be difficult * etc...
When did Panic Restaurant happen?
Panic Restaurant happened in 1992.
When did Restaurant Empire happen?
Restaurant Empire happened in 2003.
What will happen if CANT pay post dated cheque?
Arrest or a lawsuit are both possibilities.
When did Mykonos restaurant assassinations happen?
Mykonos restaurant assassinations happened in 1992.
When did Restaurant Empire II happen?
Restaurant Empire II happened in 2009.
How do you reduce cheque bounce cases?
A cheque may bounce due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuers bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old) So, if you want to avoid/reduce cheque bounce cases, we have to ensure that the points mentioned above do not happen when you use the cheque.
What can happen if the check cashed had no funds in the account?
The cheque would bounce and the person who issued the cheque can be legally prosecuted for issuing cheques without sufficient funds in the account. Also, the bank may take legal action against the customer for misusing the cheque facility.
What will happen if you forgot to date a cheque?
If you forget to date a cheque, it may lead to confusion or delay in processing. The bank might consider it invalid or refuse to cash or deposit it, as the date is essential for determining the cheque's validity period. To resolve this, you can either void the cheque and issue a new one or write the date in if the cheque is still in your possession and not yet cashed. However, it's best to check with the bank for their specific policies.
What would happen if there were no credit cards?
Everything would have to be paid for in cash, by cheque or electronic funds transfer.
Your car was hit by a bus can you have the insurance cheque made out to you?
At the outset, yes. However, will like to know where did this happen and when?
