Q:

How many times can an NSF check be redeposited?

A:

Quick Answer

No laws limit the number of times a check can be redeposited after it is returned for non-sufficient funds, states the Department of Treasury's Office of the Comptroller of Currency. However, most banks have their own policy on the number of times this is allowed.

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Full Answer

Since the individual or business attempting to cash the check might also incur a fee, they are unlikely to attempt to redeposit the check multiple times, states Bankrate. However, check collection agencies can monitor the account and redeposit the check when funds are available. According to the Federal Reserve Board, funds from redeposited checks can be held up to five business days beyond the bank's normal policy to ensure the funds from the check are available.

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