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Paxum check bounced? Paxum check bounced?
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Old 12-28-2012, 02:49 PM   #1
Socks
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Paxum check bounced?
I was wondering why I got a duplicate check in the mail, and now I see the first one bounced...

Mostly frustrated that I never got a warning e-mail, or even a message in my Paxum account about it. The second check didn't have any extra info included either.
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Old 12-28-2012, 03:04 PM   #2
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Ouch
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Old 12-28-2012, 03:06 PM   #3
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Now that sucks...you get charged a FEE too right?
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Old 12-28-2012, 03:10 PM   #4
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I'm sure Paxum will pay the fee if it was their fault.
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Old 12-28-2012, 03:14 PM   #5
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Hi Socks,

I'm looking into this now.

Can you please email me any screenshots/etc you have so we can investigate?

[email protected]

Thanks,

Ruth
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Last edited by RuthB; 12-28-2012 at 03:16 PM..
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Old 12-28-2012, 03:27 PM   #6
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I'm sure Paxum will pay the fee if it was their fault.
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Old 12-28-2012, 03:45 PM   #7
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Socks, can you please CC [email protected] on the screencaps/photos you send me when you send them? We will be checking with our check processor to determine what happened. We apologize for any inconvenience caused.
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Old 12-28-2012, 04:41 PM   #8
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I took a big cheque payment out of paxum a few months ago and it worked well.
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Old 12-28-2012, 09:34 PM   #9
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Never had a problem here.
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Old 12-28-2012, 09:39 PM   #10
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wow, that is a huge red flag. Was it returned NSF?
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Old 12-28-2012, 09:44 PM   #11
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wow, that is a huge red flag. Was it returned NSF?
yes very concerning
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Old 12-28-2012, 10:04 PM   #12
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As previously stated by ruth we have to check with our check processor to see why their check bounced.

We prepay for all checks issued upfront and our processor sends out the checks.

We have reached out to the processor already to find out what happened with this clients and will know more in the morning.

And ofcourse we will cover any extra fee's our client has accrued
Last edited by Chris; 12-28-2012 at 10:11 PM..
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Old 12-28-2012, 10:08 PM   #13
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Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a cheque) cannot be honored because insufficient funds are available in the account on which the instrument was drawn. In simplified terms, a cheque has been presented for clearance, but the amount written on the cheque exceeds the available balance in the account. An NSF cheque is often referred to as a bad cheque or dishonored cheque, or more colloquially, a bounced cheque, cold cheque, rubber cheque, returned item, or hot check.
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Old 12-28-2012, 11:36 PM   #14
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Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a cheque) cannot be honored because insufficient funds are available in the account on which the instrument was drawn. In simplified terms, a cheque has been presented for clearance, but the amount written on the cheque exceeds the available balance in the account. An NSF cheque is often referred to as a bad cheque or dishonored cheque, or more colloquially, a bounced cheque, cold cheque, rubber cheque, returned item, or hot check.
shit! is fatfoo back? lol
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Old 12-29-2012, 12:05 AM   #15
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another success story
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Old 12-29-2012, 12:09 AM   #16
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Originally Posted by Socks View Post
I was wondering why I got a duplicate check in the mail, and now I see the first one bounced...

Mostly frustrated that I never got a warning e-mail, or even a message in my Paxum account about it. The second check didn't have any extra info included either.
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Old 12-29-2012, 08:01 AM   #17
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shit! is fatfoo back? lol
thought the same thing
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Old 12-29-2012, 08:15 AM   #18
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Originally Posted by beaner View Post
Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a cheque) cannot be honored because insufficient funds are available in the account on which the instrument was drawn. In simplified terms, a cheque has been presented for clearance, but the amount written on the cheque exceeds the available balance in the account. An NSF cheque is often referred to as a bad cheque or dishonored cheque, or more colloquially, a bounced cheque, cold cheque, rubber cheque, returned item, or hot check.
haha fatfoo at it best!
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