ECS debits and cut-off timings often trigger unexpected cheque returns Technical errors cause bounces even without balance issues At face value, a cheque bounce seems simple. Insufficient funds, ...
Bank Cheque Bounce: In today's era, there has been a huge change in the methods of transaction. Most payments are now online, and cash transactions have reduced considerably. Despite being in a ...
In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
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