travisbloomfield travisbloomfield
  • 17-11-2017
  • Mathematics
contestada

Writing a check on an account with insufficient funds is allowed under certain conditions.

True
False

Respuesta :

jdoe0001 jdoe0001
  • 17-11-2017
nope, is not allowed, your bank will be more than happy to slap you with a bounced cheque fee.
Answer Link
chisnau chisnau
  • 25-04-2019

Answer:

This is FALSE.

Step-by-step explanation:

Writing a check on an account with insufficient funds is never allowed by any bank. This will only lead to check bounce and sometimes can land you up in legal trouble. When a check bounces, you will have to pay your bank the bounce fee also. Hence, we should be careful while writing any check.

Answer Link

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