I just recently wrote a check and realized I don’t have enough money in my checking account to pay the check and if the check gets cashed, the check will bounce. What if my check bounces? What happens? I realized I wrote a check but I don’t have enough money in my checking account to pay for the check I wrote to my billing company! Could I tell them not to cash the check yet?
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Answers & Comments
You need to get the money in the account before the check bounces or you will incur all sorts of charges. It can get quite expensive. Call your bank to see if they will cover the check for you. YOu can set up checking accounts with overdraft priveleges and they will always cover your overdrafts and charge you an outrageous amount of interest but that's better than bouncing checks. Get to your bank immediately. If that doesn't work, call the company you wrote the check to and ask them to please hold the check. They may or they may not....We've all bounced checks but it isn't smart to do so.
Get enough money into that account to cover it...that's what you should do.
Or, tell the billing company (not sure what you mean by that) to hold the check and charge a late fee.
You can ask, but they don't have to honor your request.
if you can't put the money in your account to cover the check you wrote, you need to contact the place you wrote the check, they may or may not be amenable to your mistake but the bank isn't either, they will bounce the check and charge you a NS fee which puts you further in the hole
They will pay it if you have overdraft protection and charge a fee until you put I enough money to cover it or send it back and charge you a NSF (non sufficient funds) fee. It is expensive either way.
the check shall be returned for nsf the bank shall charge you a fee and the company may also charge you an additional fee for a bad check
the check will be returned for NSF the bank will charge you a fee and the company may also charge you an additional fee for a BAD check
You could ask them but they could and likely would anyway. They will charge you a fee for the bounced check and so will the bank.
just tell them you made a mistake and dont want them to cash it yet