Reasons for Dishonor of Chques under CTS clearing along with code and their short explanation
Return Reason due to Financial Problem
01
|
Funds insufficient
|
02
|
Exceeds arrangement Normal
Returns
|
03
|
Effects not cleared/present
again
|
04
|
Refer to drawer Normal Returns
|
05
|
Kindly contact Drawer/Drawee
Bank and please present again
|
20
|
Payment stopped by drawer Normal Returns
|
21
|
Payment stopped by attachment order Normal Returns
|
22
|
Payment stopped by court order
Normal Returns
|
23
|
Withdrawal stopped owing to death of account holder Normal Returns
|
24
|
Withdrawal stopped owing to lunacy of account holder Normal Returns
|
25
|
Withdrawal stopped owing to insolvency of account holder Normal
Returns
|
50
|
Account closed Normal Returns
|
51
|
Account transferred to another
branch Normal Returns
|
52
|
No such account Normal Returns
|
53
|
Title of account required Normal Returns
|
54
|
Title of account wrong/ incomplete Normal Returns
|
55
|
Account blocked (situation covered in 21-25 Normal Returns
|
Return Reason due to Signature Problem
10
|
Drawers signature incomplete
|
11
|
Drawers signature illegible
|
12
|
Drawers signature differs
|
13
|
Drawers signature required
|
14
|
Drawers signature not as per mandate
|
15
|
Drawers signature to operate account not received
|
16
|
Drawers authority to operate account not received
|
17
|
Alteration require drawers authentication
|
Return reason due to Technical problem
30
|
Instrument post-dated Normal
Returns
|
31
|
Instrument out dated/stale
|
32
|
Instrument undated/without proper date
|
33
|
Instrument mutilated/requires
Banks guarantee
|
34
|
Cheque irregularly drawn/amount in words and figures differ
|
35
|
Clearing House stamp/date required
|
36
|
Wrongly delivered/Not drawn on us
|
37
|
Present in proper zone Normal
Returns
|
38
|
Instrument contains extraneous
matter Normal Returns
|
39
|
Image not clear/present again with paper
|
40
|
Present with document Normal Returns
|
41
|
Item Listed Twice
|
42
|
Paper not received
|
60
|
Crossed to two banks Normal Returns
|
61
|
Crossing stamp not cancelled Normal Returns
|
62
|
Clearing stamp not cancelled Normal Returns
|
63
|
Instrument specially crossed to another bank Normal Returns
|
64
|
Amount in protective crossing incorrect Normal Returns
|
65
|
Amount in protective crossing required/illegible
|
66
|
Payees endorsement required
|
67
|
Payees endorsement irregular/requires collecting banks confirmation
|
68
|
Endorsement by mark/thumb impression requires attestation by
Magistrate with seal
|
69
|
Advice not received
|
70
|
Amount/Name differs on advice
|
71
|
Drawee banks funds with sponsor bank insufficient
|
72
|
Payees separate discharge to bank required
|
73
|
Not payable till 1st proximo
|
74
|
Pay order/cheque requires counter signature
|
75
|
Required information not legible/correct
|
80
|
Banks certificate ambiguous/incomplete/required
|
81
|
Draft lost by issuing office/confirmation required from issuing
office
|
82
|
Bank/Branch Blocked
|
83
|
Digital Certificate Validation failure
|
84
|
Other Reason Connectivity Failur
|
85
|
Alterations/corrections on instruments are prohibited under CTS
|
86
|
Fake/Forged/Stolen-Draft/Cheque/Cash Order/Interest Warrant/Dividend
Warrant
|
87
|
Payee a/c credited- Stamp Required
|
88
|
Other Reason
|