A fee the bank charges you for bouncing a check (i.e. writing a check when you don't have enough money in the account to cover it.)
Usually $35
2006-07-09 04:05:10
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answer #1
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answered by Sir J 7
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If you write a check and then when that place goes to your bank to cash the check there is not enough money there to cash the check that is a bad check. So the bank sends it back to the place where you wrote it. They return it. That place is not happy because they sold you something and now you didn't pay for it. They will charge you an extra $15-$40 as a return check fee. Sometimes the bank charges you for 'bouncing' checks like this, too. Just don't write a check unless you have the money in the account to cover the check, for sure.
2006-07-09 04:06:24
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answer #2
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answered by BonesofaTeacher 7
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They will charge you this if your acct. is short.Even if you made a deposit sometimes. The bank is funny like that.The $ going out is right that second, but the money going in takes a day or two to show up. It is likely that they will charge the bounce fee twice for each transaction.In addition they can also charge a fee for insufficiate funds.It all depends on which bank and how much they want to make ya pay.And they can add a 5.00 per day fee that it goes on without you making the deposits to get ya out of the hole.
2006-07-09 04:24:27
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answer #3
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answered by ? 4
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20-30$
2006-07-09 04:06:08
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answer #4
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answered by Anonymous
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IF YOU HAVE A RETURNED CHECK, THE BANK COLLECT A FEE, CHARGING YOU FOR THE PROCESS THEY HAVE TO DO.
2006-07-09 04:10:29
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answer #5
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answered by natajoromero 2
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it's the fee for having it returned unpaid.
2006-07-09 04:09:14
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answer #6
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answered by Kelli 5
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$20-2-40 +amount u paid to retailer.
2006-07-09 04:06:39
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answer #7
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answered by mak_nit_crimson 4
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That's what it costs for being stuuuuuupppiiiiiddddd!!
2006-07-09 04:05:57
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answer #8
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answered by melanie b 2
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