Dishonoured definition

Dishonoured means the process where the Payer’s financial institution, either on its own or on instruction from the Payer, requests that a charge or direct entry (electronic) Transaction performed on the Payer’s bank account be reversed back to the Payer’s financial institution.
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Examples of Dishonoured in a sentence

  • Dishonoured cheques or drafts may be returned to you by ordinary post at your risk and expense.

  • Dishonoured cheque or drafts may be returned to you by ordinary post at your risk and expense.

  • Dishonoured payments will be subject to a $40.00 fee (or current City rate).

  • Collections Dishonoured Payment Fee $10.00: Fee is charged to the loan account in the event of a payment tendered to the account is dishonoured by the Debtor’s bank.

  • Any premium refund is calculated by your insurer, details of this can be found in your policy wording Dishonoured payment administration charge We offer credit through a number of schemes and providers.

  • Dishonoured payments will incur a $35.00 charge and credit terms will be suspended.

  • Any premium refund is calculated by your insurer; details of this can be found in your policy wording Dishonoured payment administration charge We offer credit through a number of schemes and providers.

  • The Service Provider shall match Dishonoured Cheques to the source transaction(s).

  • In the event of a “Returned or Dishonoured Cheque” the named renter of the common room will be responsible for the bank charges plus an additional surcharge of $20.00.

  • Dishonoured Direct Debit Fee – $35 for each dishonoured direct debit payment.