A cheque could be a medium of exchange that promotes cashless transactions in a degree economy. A Cheque is additionally termed as a negotiable document to move cash in an exceedingly physical kind or maybe to perform the inter-account transfer.

The situation of cheque bounce means the method of depositing cheques within the bank has been unsuccessful. It might ensue too many reasons:

• When there are lean funds within the account of the establishment. it’s thus suggested to bear in mind and careful whereas issue a cheque to make sure that there’s a comfortable balance within the account of the establishment
• When the date mentioned on the cheque is ugly or once the numbers are scribbled or maybe if the date on the cheque is three months previous from this date, then the bank will bounce the cheque.
•  When the signature doesn’t match with the bank’s records.
• When there’s a distinction within the amounts mentioned in numbers and words.
• When the cheque has several stains or marks.
• When there’s overwriting, scribbling, or correction on a cheque.