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A bounced check can result in various negative financial consequences such as penalty fees, overdraft fees, outstanding debts and a damaged banking reputation.
An NSF check may be referred to as a bad check, dishonored check, bounced check, cold check, rubber check, returned item, or hot check. Lost or bounced checks result in late payments and affect the relationship with customers. In England and Wales and Australia, such cheques are typically returned endorsed "Refer to drawer", an instruction to ...
Check-kiting takes advantage of the check float, or the time it takes for banks to clear checks. The multiple check writing and depositing makes it appear that the money is in the two accounts and ...
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A negative check database contains a comprehensive list of people who either wrote a bad check at a retail location, paid a bill with a check that was returned, [3] also called "bouncing a check". Historical data check verification services that use a national network with a negative check database can be difficult for consumers and businesses ...
A cheque (or check in American English; see spelling differences) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
Bounce (banking), to tender a check for which one has non-sufficient funds, or the return of such a check; Bounce (fabric softener), an American brand of fabric softener and other laundry sheets produced by Procter & Gamble; Bounce, a dog owned by Alexander Pope; Bounce, a slang for twerking
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