if cheque is bounced what to do | |
If a cheque is bounced, the first step is to contact the person or organization who issued the cheque to inform them about the dishonour and request an explanation or resolution. A cheque may bounce due to insufficient funds, a mismatch in signature, or other technical reasons. The bank usually issues a ‘cheque return memo’ stating the reason for the bounce. | |
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Target State: All States Target City : Chandigarh Last Update : Apr 17, 2025 3:02 AM Number of Views: 18 | Item Owner : NRI Legal Contact Email: Contact Phone: 07428899979 |
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