What should be done when a ac payee only cheque is returned with the banks stamp in it.?



There will be a slip accompanying the returned cheque/instrument with Bankers remarks about the reason for return of the instrument. If the instrument is bounced not because of your fault,Contact the issuer and get it rectified. If not contact a Lawyer and send the Legal Notice within 15 days to the issuer of the cheque and keep your claim alive. If no response is coming you can lodge the Police complaint and get the Party arrested

What should be done when a ac payee only cheque is returned with the banks stamp in it.?
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2 Replies to “What should be done when a ac payee only cheque is returned with the banks stamp in it.?”

  1. There will be a slip accompanying the returned cheque/instrument with Bankers remarks about the reason for return of the instrument. If the instrument is bounced not because of your fault,Contact the issuer and get it rectified. If not contact a Lawyer and send the Legal Notice within 15 days to the issuer of the cheque and keep your claim alive. If no response is coming you can lodge the Police complaint and get the Party arrested


  2. Check up on the back of the cheque.there should be a stamp reading “all our stamps cancelled” by the bank. That is the practice to delete the stamps of the banks on the cheques.





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