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bank of america question

Discussion in 'Banking, Finance, Investments' started by ghostrider, Mar 30, 2005.

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  1. ghostrider

    ghostrider Law Topic Starter New Member

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    If you have a returned check at a business how many times can they send it to your bank to collect the funds? I heard twice but hastings(the store in which I owe), sent it in three times.
     
  2. Scooter

    Scooter New Member

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    It depends on the payor (drawee) bank. Most banks will not accept a check that has been dishonored more than twice. There is no set rule or statute or regulation.
     

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