What it means
A cheque the bank refuses to pay, usually for lack of funds. It is recorded on your credit report.
Credit Score
Bounced Cheque
A cheque the bank refuses to pay, usually for lack of funds. It is recorded on your credit report.
CategoryCredit Score
Pro tip inside1 quick win
What “Bounced Cheque” really means
The meaning, how it works in the UAE, and why it matters to your money.
How it works in the UAE
A cheque bounces when the bank refuses to pay it, usually because there isn't enough money in the account. In the UAE, bounced cheques are reported to the credit bureau.
Why it matters
It can hurt your credit report and lead to fees and legal issues.
PRO TIPTrack post-dated cheques and keep enough balance before each date.
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Guides that use this term — and a tool to put it into practice.
