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  2. Dishonoured cheque - Wikipedia

    en.wikipedia.org/wiki/Dishonoured_cheque

    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 .

  3. What is a bounced check and how do you avoid it? - AOL

    www.aol.com/finance/bounced-check-avoid...

    Insufficient funds “The most common reason for a check to bounce is when there are insufficient funds to cover the check amount,” says Salvador Gonzalez, accounting and management professor at ...

  4. What Is a Canceled Check? What You Need To Know - AOL

    www.aol.com/canceled-check-know-225201459.html

    Canceled Checks vs. Returned Checks. ... This could be for varying reasons, but most likely, it is due to the account holder having insufficient funds — therefore, the account cannot cover the ...

  5. How Long Are Checks Good For? - AOL

    www.aol.com/long-checks-good-163415300.html

    This could lead to the check bouncing — a bounced check occurs when the account holder has insufficient funds. These checks are returned to the bank and the issuer is charged a fee as a penalty ...

  6. Bad check restitution program - Wikipedia

    en.wikipedia.org/wiki/Bad_Check_Restitution_Program

    A bad check restitution program (BCRP) is a program in the United States that works to retrieve funds from bad check writers in order to repay moneys owed to the recipients of the checks. In other words, these are debt collection operations. Many of these programs are operated by private companies that add fees that may exceed $200, regardless ...

  7. Check kiting - Wikipedia

    en.wikipedia.org/wiki/Check_kiting

    Check #2 is written on day T+0 – this is the kite. The individual then deposits the $100 so the account now has $110, which is sufficient for Check #1 to clear, but after this there are non-sufficient funds for Check #2 (the kite) to clear. This process can be repeated, with the amount possibly increasing (as in a Ponzi scheme).

  8. Returned checks become a point of contention in Centre ... - AOL

    www.aol.com/news/returned-checks-become-point...

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  9. Overdraft - Wikipedia

    en.wikipedia.org/wiki/Overdraft

    Returned cheque deposit – The account holder deposits a cheque or money order and the deposited item is returned due to non-sufficient funds, a closed account, or being discovered to be counterfeit, stolen, altered, or forged. As a result of the cheque chargeback and associated fee, an overdraft results or a subsequent debit which was reliant ...