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What is dishonor check?

Answer Posted / karthik

Dishnour Cheques are those cheques which disqualifies from
bank for any dealings in the bank in the form of cash

Reasons For Dishounours:
1) Post dated cheques given
2) insuffeint sigantures
3) Cheques are not crossed when it is paying for acclount
payee.

Is This Answer Correct ?    5 Yes 1 No



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