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Dishonor & Exception Fees Transaction/Exception per transactionDishonour fees Member check deposit Direct debit Quick debit×15.00 ×15.00 ×$15.0015.00Inactive/Dormant account fee For accounts inactive
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What is dishonour fees?
Dishonour fees are charges imposed by a bank when a payment cannot be processed due to insufficient funds in the account.
Who is required to file dishonour fees?
Banks and financial institutions are required to file dishonour fees when a payment is not processed due to insufficient funds.
How to fill out dishonour fees?
Dishonour fees can be filled out by providing details of the transaction, the reason for dishonour, and any other relevant information.
What is the purpose of dishonour fees?
The purpose of dishonour fees is to discourage individuals and businesses from making payments without sufficient funds in their accounts.
What information must be reported on dishonour fees?
Dishonour fees must include details of the transaction, the amount of the fee, and the reason for dishonour.
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