WHAT IS BOUNCED CHEQUE The bounced cheque occurs when there is insufficient fund in the respective account. Bank doesn’t accept a cheque in which there are no sufficient funds in the account and bank return these cheques are also known …
Introduction: Cheques are one of the important mediums for day to day business transactions as well as for all other monetary transactions. It keeps a record of every detail and also provides proof of transactions. To prevent from the threaten …
INTRODUCTION Over the span of business transactions or even regular transaction, it isn’t uncommon for a cheque being returned because of inadequate funds or other such explanation and being introduced again by the payee after at some point, on his …