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A cheque may be dishonored for the following reasons:
a. Cheque Date Expired - Usually cheques are valid only for 3 months from the date mentioned in it. So, if a cheque is dated 1st of January 2013 and you cash it in May or June of 2013, it will be dishonored because the cheque is old and invalid.
b. Signature of account holder does not match with bank records
c. Not enough funds in the bank account to pay the cheque
d. Any overwriting or editing in the cheque
e. Cheque issuer has explicitly put a stop-payment on the cheque.
What else can I help you with?
Can a cleared check be reversed?
Yes, a cleared check can be reversed if there is a valid reason, such as fraud or an error. This process is known as a check reversal or a check chargeback.
Do you still owe if the creditor does not cash the check or it was lost?
Yes, you still owe the money if for some reason the creditor does not cash your check or has lost it. The creditor can request a new check.
Why did my car dealership send me a check?
Your car dealership may have sent you a check as a refund for overpayment, a rebate, or as part of a promotion or incentive program. It's important to review the accompanying documentation to understand the reason for the check.
Use complete sentences give two reason why you might want to make a payment with a check rather than with a cash?
You might want to make a payment with a check rather than with cash in order to prove both when you paid and that you did INDEED pay. You might want to make a payment with a check rather than with cash for the simple reason you don't HAVE any cash.
Can you write a check against money on hold?
No. The money on hold is not available to you for any reason until the hold is released.
What is it bad for Hindus to do?
It is bad for a Hindu to eat meat, commit awful sins (dishonouring parents) and ruining or stopping someones pray or meditation.
What is the reason why ocean turns pink?
check
What are the major reason for choosing a sales career?
Check
What was the main reason as to why the pioneers moved west?
to check it out
Can a cleared check be reversed?
Yes, a cleared check can be reversed if there is a valid reason, such as fraud or an error. This process is known as a check reversal or a check chargeback.
Can a legally written check be refused by the person it is written to for a valid fee?
Yes. A check is not legal tender and so can be refused fo any reason, or no reason, as a form of payment.
Why issue a nonnegotiable check?
Advertising is the only reason to do so.
Why do doctors use lab results?
The reason why, is because so they can check what is wrong with them. Also to check for infections.
Will your truck use more fuel if the check engine light is on?
That depends entirely on the reason why the check engine light is on.
The main reason for the Vietnam Conflict was to?
Put a check on communist aggression.
1994 ford bronco keeps dying for no reason?
Check your PCV valve.
How do you get private server for Maplestory?
There is a Youtube for a reason......y don't u check it out.......
