What are the reasons for a cheque to be dishonoured??
Answers
Answered by
5
- insufficient funds
- irregular signature
- post dated check
- stale check
- frozen account
- when payment is stopped
Answered by
1
- Alterations
- Stale cheques
- account's frozen
- funds are insufficient
- different or irregular signature
- time is over i.e. post- dated cheque
- payment is stopped
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