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Questions tagged [dishonoured charge]

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HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Tue Sep 24 2024 | 5 answers 941

What is dishonoured charge in bank?

Could you please explain what exactly is meant by a "dishonoured charge" in the context of banking? I'm curious to understand the specific circumstances that would lead to such a charge being applied, and what the potential consequences might be for the account holder. Additionally, I'm wondering if there are any steps that can be taken to prevent a dishonoured charge from occurring in the future.

What is dishonoured charge in bank?

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