Can you bounce an electronic check?
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Works at the International Monetary Fund, Lives in Washington, D.C., USA.
eChecks, like paper checks, can bounce or be returned for a variety of reasons, including for a stop payment, liens or blockages against the checking account, non-sufficient funds, stop payments, fraud, or accounts being closed. The system reduces these occurrences, and when they do happen, the cost is minimized.
2023-06-12 05:21:01
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Olivia Clark
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eChecks, like paper checks, can bounce or be returned for a variety of reasons, including for a stop payment, liens or blockages against the checking account, non-sufficient funds, stop payments, fraud, or accounts being closed. The system reduces these occurrences, and when they do happen, the cost is minimized.