What is a bounced check?
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A bounced check is slang for a check that cannot be processed because the account holder has nonsufficient funds (NSF) available for use. Banks return, or "bounce", these checks, also known as rubber checks, rather than honoring them, and banks charge the check writers NSF fees.
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Non-sufficient funds is a term used in the banking industry to indicate that a cheque is not being honoured because insufficient cleared funds are in the account on which the cheque was drawn.
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