How to Handle a Customer’s Bounced Check

by Emily Retherford

0 min read

As a business owner, you may occasionally get a bad cheque from a client or customer, and if the cheque bounces or comes back because of insufficient funds, there are some steps you may want to take to recoup the funds.

  • Contact the writer of the cheque; it may simply be an error that can be fixed immediately.
  • Consider requesting bank fees as well as the amount of the cheque from the issuer.
  • Report the cheque writer to TeleCheck, a national database of writers of bad cheques.
  • Contact an attorney about pursuing legal action to obtain the funds.

It is important that you consider reaching out to the client before taking legal action.

References & Resources

Related Articles

When to Hire a Technical Writer

So you’ve developed a product and it’s operating flawlessly. The only thing…

Read more

Use QuickBooks to Write Cheques

You can generate cheques directly from your QuickBooks software. This allows you…

Read more

Cash Management: How to Perform Bank Reconciliation

A bank reconciliation is an integral part of internal control procedures over…

Read more