What is the full form of NSF?
The Full form of NSF is a Non-Sufficient Fund.
What is (NSF) Non-Sufficient Fund?
NSF Stands for Non-Sufficient Fund That means when a check is presented in the bank for its clearance/payment but the balance in the account of the drawer of the check is insufficient due to the insufficient balance the check will not be cleared this is called Non-sufficient Fund.
Learn More about Consequence of Check dishonour
Reasons For Check Dishonour?
There are many reasons that check will not clear such reasons are,
- Checks Cancelled:
- Account holder deceased:
- Account Closed:
- Funds Insufficient:
- Check Mis Representation:
- Signature Absent:
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