My last AEBN cheque bounced.
First time I've had this happen to me.
Did their cheques bounce for anyone else?
My last AEBN cheque bounced.
First time I've had this happen to me.
Did their cheques bounce for anyone else?
never had that happen in the 6 years we have been with them. but now it is EFTed to us.
Oh great.
I have a rather large AEBN check sitting on my desk!
Im going to pay it in this morning and pray
Can you say why it was returned?
There are many reasons a bank will dishonor a check -- the Scarlet Letters "NSF" are the bad ones -- when there is not enough money in the account to pay the check. There are other reasons though that are not the fault of the payor, such as mis-matching by the processing bank or scanner failures. When I was working at a real estate company, the checks written were all prepared online and then printed at our location so the data was available at the bank. When John Customer came in with check # 456788, the teller at the bank would run it through the check reader and input the amount of the check. The system already knew that check # 456788 was written for $12,000 and if the teller put in $12001 the system would reject the check. It is a sophisticated fraud reduction system but will result in some false rejections due to human error.
Do you know why your check was dishonored? Ya don't want to say AEBN is out of money when it was some other reason entirely that the check did not clear your account.
Chad Belville, Esq
Phoenix, Arizona
www.chadknowslaw.com
Keeping you out of trouble is easier than getting you out of trouble!
Yep my bank called this morning as well:scissors:
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