Cheque Bounce Notice

A cheque bounce, also known as a dishonored cheque, occurs when a bank refuses to process a cheque. This can happen for several reasons, including insufficient funds in the account, a mismatch in the signature, an overwriting on the cheque, or if the cheque is post-dated and presented before its due date. When a cheque bounces, it signifies that the payment cannot be completed, causing inconvenience and potential financial loss to the payee.