Check return definition

Check return. Refers to the situation where a financial institution has denied payment on a check that has been presented for clearance, in which case the presented check is returned to the bearer along with written reasons.
Check return. Refers to the situation where a financial institution has denied payment on a check that has been presented for clearance, in which case the presented check is returned to the bearer along with written reasons. 二、 「清償贖回」:指對於存款不足、發票人簽章不符、擅自指定金融業者為本票之擔當付款人或本票提示期限經過前「撤銷付款委託」等理由所退票據及其退票理由單,由支票存款戶以清償票款等消滅票據債務之方法予以贖回之謂。