Bounced cheques and failed mandates are more than administrative issues, carrying potential criminal charges and significant ...
To support the system the bank agrees to pay the amount n the cheque when it is properly presented, assuming there are sufficient funds in the payer's account to cover the amount of the cheque. There ...
The Supreme Court on Tuesday held that a cheque is dishonoured only if it represents a “legally enforceable debt” on the date of its maturity or presentation. “For the commission of an offence under ...
The Central Bank of Nigeria (CBN) says banks and cheque printers now risk a fine of N10 million for using unapproved security ...
Newspoint on MSN
Cheque Bounce: What does the law say if a check bounces and you are jailed for 2 years?
We often mistake a cheque bounce or an auto-debit (mandate) failure for a minor mistake, but the consequences can be quite ...
We are a service provider company and we receive cheque payments from many of our customers. One of our clients is not paying us regularly. His cheques are frequently bouncing. We have requested him ...
The year 2020 on the cheque date can lead to financial fraud, if not written correctly Also In This Package How to read your UAE visa stamp: Key elements Part-time work in the UAE: How you can apply ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results