Tag Archive for 'reasons for dishonouring cheques'

Reasons for dishonouring of cheques

1. Signature not matched. 2. Overwriting in cheques 3. Presented in bank after completion of 3 months. 4. Account is closed. 5. Insufficient funds in the account. 6. Payment is stopped by the account holder. 7. Opening Balance is insufficient. 8. Amount written in words and figures differ. 9. In case of a Company, The […]