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Home >> Checks/Money Orders >> Checks You Received
Re-presenting NSF Check
An individual gave me payment in the form of a personal check for $950. I deposited it into my checking account. About a week later I received notice their bank returned the check for insufficient funds. The check copy I received from my bank was stamped; 'not collected, insufficient funds, hold'. Neither my bank nor I have resent the check to the other person's bank. However, the person's bank two weeks later, withdrew the $950 from their payroll deposit. The funds have not been sent to my bank nor deposited into my account. The $950 seems to be in limbo somewhere with the other person's bank. Why would a bank initiate this when the check was not presented a second time by myself or my bank? Meanwhile, I still have not collected the $950.
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 We aren't able to explain why the paying bank may have withdrawn the funds from the check writer's account, unless the check was somehow, in some form, re-presented. You stated that you received back a copy, not the original. If that is not the case, the check writer ought to ask its bank for an explanation for removing the funds from its account.
Published on BankingQuestions.com 1/28/09
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