Have you received a call from your Caisse d’Épargne branch informing you of a check debited from your account which must be settled as soon as possible? This means that your check may be rejected, and this will result in a banking ban. Here is a guide on the rejection of a Caisse d’Epargne check to help you regularize your situation as quickly as possible.
But what exactly does a rejected check at the Caisse d’Épargne mean?
In a procedure of payment by check, your beneficiary deposits the check at his bank to cash it a few days later. It is at this time of collection that your beneficiary’s bank will ask your bank to settle the check. If you do not have the necessary funds to honor this payment, your banker at Caisse d’Epargne will reject your check. This can only have more than annoying consequences on your ability to benefit from the advantages and services of your Caisse d’Epargne branch. However, the lack of provisions in your bank account is not the only reason that can lead to a rejected check. Be aware, moreover, that in the event of an NSF check being issued, you are committing an illegal act with very serious consequences. To avoid this, it is then necessary to fund your account as quickly as possible.
Why does the Caisse d’Épargne decide to refuse payment of a check on your account?
The payment of your Caisse d’Epargne check has been rejected and you don’t know why? If the lack of funds is one of the most recurrent problems in this type of situation, it is not the only possible reason. Indeed, your account may be closed. Once your bank account with Caisse d’Épargne is closed, the check you have issued will be awaiting payment. It is therefore more logical that it should be rejected. As a solution, you can opt for a request to temporarily reopen your account with your advisor. You can then either make a transfer or deposit in cash at the agency the amount necessary for the payment of the check. Then simply close your account again. Another reason that can also be the cause of a rejected check at Caisse d’Épargne is also the fact that you are on FCC file. More clearly, you are registered on the Central Check File, and which means that you have become banned from banking. In this specific case, even if you have the necessary funds to pay the check, it will still be rejected by the Caisse d’Épargne. If you need more information on the possibility of obtaining credit even if you are prohibited from banking, everything you need to know is presented in this post.
What are the solutions in the event of a check being rejected by the Caisse d’Épargne?
When a check is rejected by the Caisse d’Epargne, the first consequence is the cancellation of your overdraft authorization. This operation of closing the authorized overdraft entails debits of bank charges, such as the rejection of direct debits. There is also the banking ban that the agency is responsible for declaring to the Banque de France in relation to this payment incident. Once you are registered with the FCC, you no longer have the right to pay by check. In addition, the change of your bank card by your adviser at Caisse d’Epargne also generates the rejection of a check. Anyway, you always have the possibility of regularizing your check to remedy the situation. You can either regularize the unpaid check by asking the beneficiary to return it to you, or block the provision of the check on your account at the Caisse d’Epargne. Another way to regularize the check issued, but rejected, is also to request the presentation of the check after having funded your account. If you would like to know more about the various banking services, our “Banking” section remains at your disposal.