Tag: CHEQUE BOUNCE REASONS


  • EFFECTS NOT CLEARED; PRESENT AGAIN REASON (3)

    EFFECTS NOT CLEARED; PRESENT AGAIN (3)

    EFFECTS NOT CLEARED IN SIMPLE WORDS WE CAN UNDERSTAND THE WORD EFFECTS NOT CLEARED; PRESENT AGAIN MEANS CHEQUES IN BANK ACCOUNTS ARE IN THE CLEARING CYCLE BUT FATE IS STILL…

  • EXCEEDS ARRANGEMENT (2)- REASON OF CHEQUE RETURN

    EXCEEDS ARRANGEMENT

    EXCEEDS ARRANGEMENT IN SIMPLE WORDS WE CAN UNDERSTAND THE WORD EXCEEDS ARRANGEMENT MEANS LESS OR NO FUNDS IN THE CHEQUE DRAWER’S BANK ACCOUNT TO GET CLEARING. BUT IN THIS CASE…