What happens when a check you have cashed bounces?

Answer If you've deposited a customer's bad check into your account, the results can become uncomfortable for both parties. The options available to secure payment may come as a surprise.TypesChecks can b... Read More »

Top Q&A For: What happens when a check you have cashed bounces

What happens if the check bounces from tax returns?

On One Hand: Penalty for Bounced CheckIf you write a check to the Internal Revenue Service to pay your taxes and the check bounces, the IRS can impose a penalty. The penalty is normally 2 percent o... Read More »

What Happens When a Bank Customer Bounces a Check?

A "bounced" check occurs when you write a check amount that is more than the available balance in your checking or savings account. You might bounce a check by accident if you do not monitor your d... Read More »

Can a tax return check be cashed right away?

According to Regulation CC, your bank must make funds supplied by IRS refund check available the next day banking day, after deposit and may cash the check according to their check-cashing policy. ... Read More »

How do i check if a bond has been cashed?

Treasury DirectGo to the Treasury Direct website (see Resources). Click on the "Check Treasury Hunt to See If You Own Matured Savings Bonds" link on the bottom left side of the page. On the "Treasu... Read More »