How to handle a cheque dishonored case: Procedure for bounced checks?
Introduction A dishonored cheque, commonly known as a bounced check, can slow down transactions and cause frustration. Whether due to insufficient funds, mismatched signatures, or technical errors, a dishonored cheque requires a structured response to resolve the issue effectively. This article explores the procedure for handling bounced checks, maintaining compliance with legal requirements, and how Lawyers for Appeal in the High Court can help protect your interests. Reasons for Cheque Dishonor Understanding why a cheque is dishonored helps address the issue appropriately. Common reasons include: Insufficient Funds : The account holder’s balance is insufficient to cover the cheque amount. Signature Mismatch : The cheque signature does not match the bank’s records. Incorrect Details : Errors such as wrong date, amount mismatch, or overwriting. Account-Related Issues : Closure or freezing of the cheque account. Technical Errors : Issues like illegibl...