Banks may dishonor a check, refusing to cash it, for several reasons; there may be insufficient funds
in the drawer's account, the signature on the check may not match the signature the bank has on record for the drawer, or there may be an error with the date.
"The Ministry of Water, Irrigation and Agriculture requested for an emergency fund of Sh52.6 million to equip two boreholes at Nakamkwei trading centre with a solar plumbing system, install rising mains, distribution lines, storage facilities and water points, due to insufficient funds
in its budget," the report says.
Answer: Dishonour of a cheque due to insufficient funds
is a criminal offence against the signatory of the cheque.
"Our board of trustees had to take decisions on more projects than the available budget would allow and your application was rejected due to insufficient funds
There are insufficient funds
available to complete the development.
However, as clarified above, the funds are arranged on need basis from time to time, by preparing estimates, from Finance Division since insufficient funds
are available with the department at present, he added.
Unpaid loans due to insufficient funds
should be paid by Dec.
Additionally, the central bank found that insufficient funds
were the major cause for unpaid cheques, followed by accounts closed or EeAaelegally blockedEe' accounts; Oman Telecommunications Co (Omantel) said it has signed a share purchase agreement to acquire from the Treasury 425.7mn shares (9.84% of outstanding common shares) in Kuwaiti Mobile Telecommunications Company (Zain Group); Mandatory health insurance for private sector employees in Oman could start in Jan 2018, according to press reports.
Summary: Islamabad [Pakistan], June 20 (ANI): Pakistan's National Highways and Motorway Police (NH&MP) has expressed its inability to patrol the length of the China-Pakistan Economic Corridor (CPEC), citing insufficient funds
and human resource.
Many overlook charging appropriate fees to recover costs associated with common resident oversights, including insufficient funds
, late-rent payments, month-to-month leases, apartment transfers and early terminations, according to a session during the 2015 Entrata Summit.
I would like to ask for Gulf News' assistance in resolving my issue regarding insufficient funds
in my bank account.