What costs do banks incur when handling a deposited check that bounces?

Asked Mar 10, 2012· 1 answer
Faisal KhanAnswered Mar 10, 2012
A few pennies really. Almost all the cheque processing is automated. It is nothing more than scanning/processing of physical cheques, and in electronic cheques, simply an authorization, etc.

All in all, I think it would cost an average financial institution less than 30 cents to process it all (even if the cheque gets bounced).
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