Cheques—Not Sufficient Funds (NSF)
If there is not enough money in your account to cover a cheque you write, the cheque can “bounce.” If this happens, the bank will notify you that the cheque is “NSF.” The bank will charge you a fee when the cheque bounces.The person you wrote the cheque to will still not have been paid, and may charge you an additional fee of their own. Having a cheque bounce can hurt your credit rating (see page 101).Try to avoid writing an NSF cheque.