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A check could be declined because of any of the following reasons:

  1. The bank account of the check issuer has insufficient balance to honor the check and pay the funds
  2. The signature on the check does not match the bank records
  3. There is overwriting/edits in the check without proper counter-signatures
  4. The check has expired (beyond 6 months from date of check issue)
  5. The check issuer has specifically issued a stop payment request with the bank

Am not sure what code 3 means but it could only be because of any of the above 5 reasons

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15y ago

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