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What does what "RETURN ITEM CHARGE BACK" in bank terms mean for a deposited check?
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04-20-2006, 12:22 PM
After Shock Media
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Something you deposited was returned by the issuing bank for some reason. Most common reason of course being NSF. Deposit amount of that check will be deducted from your account as well as possibly a small fee ranging from 5.00 to 20.00.
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