How to Redeposit a Bounced Check

If you receive a nonsufficient funds (NSF) notice from your bank for a check you either wrote or received, it means that the bank refuses to honor the check because the issuing party's bank account does not have sufficient funds to cover the payment. Checks written from accounts with insufficient covering funds "bounce." The process for redepositing a bounced check depends on the banks involved, and usually incurs costs to the recipient of between $5 and $50 per occurrence.

Instructions

1




Reverse the check deposit and recalculate your bank balance.

Reverse the original check deposit from your bank ledger so that your account accurately reflects your current balance.

2




Call your bank to determine the redeposit process and fees.

Call your bank to ask how much it charges for redepositing a bounced check, and whether the redeposit process is automatic. If the bank does not automatically redeposit bounced checks, you may request that it wait until you contact the check's issuer.

3

Contact the person who wrote the bounced check to let him know your intention to redeposit the check and to ask him for reimbursement of any fees you incur as a result.

4

Notify the bank that it should redeposit the bounced check, and then enter the deposit amount in your bank ledger, less any redeposit fees.