Cheque bouncing and consequences of dishonour of Cheque explained

Although, there are several cheque bounce reasons to be considered such as incorrect date mentioned on the cheque, signature mismatch, mismatch of the amount and figures, damaged cheque, overwriting of the cheque, etc. The principal reason for a cheque bounce is insufficient funds. If a cheque is dishonoured because of insufficient funds in the payer’s … Continue reading Cheque bouncing and consequences of dishonour of Cheque explained