Managing Bounced Checks
November 30th, 2006How to Manage Those Bounced Checks
Therefore…if you figure on an amount of money getting transferred to your checking account and write a check based on that amount, the check will go through with lightning speed and you will have a bounced check on your record. The bounced check then costs ten twenty five dollars in penalty fees, and your account is now under and screwed up enough that the next checks coming in (to the bank) will also bounce.
More information at Business Marketing Finances website.
