Questions tagged [dishonour charge]

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Riccardo Riccardo Sun Sep 22 2024 | 7 answers 1466

What is a dishonour charge?

Excuse me, could you please clarify what exactly is meant by a "dishonour charge"? Is it a type of fee or penalty that is imposed in certain financial transactions? And if so, could you elaborate on the specific circumstances in which such a charge might be applied? Additionally, is there a standard amount for a dishonour charge, or does it vary depending on the nature of the transaction and the policies of the financial institution involved? I'm interested in understanding the concept more thoroughly.

What is a dishonour charge?

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