No, it's YOU loss. Your bank honored it immediately as a courtesy to you, but it had NOT cleared. You got money for cashing a check that bounced, now you owe it back to the bank.
Before getting the confirmation about the fate of the check presented by you, the Bank has by oversight allowed you to withdraw the amount. As the check has been subsequently returned, you have to return the amount.
You need to pay the bank for the amount of the bounced check, plus all the bank charges or you are guilty of bank fraud!
Then take the bum check to the person who issued it, and get the money from them for the amount of the check, plus all the fees your bank charged you.
If you paid in a dishonoured cheque, the amount is not in your account. If you drew out more than was in your account, you have an unauthorised overdraft and can expect some hefty charges. You have some comeback on the person who drew the dud cheque. If he did it deliberately, it's a criminal offence.
Nope, you are responsible for any checks you deposit into your account. If you spent the money, you owe that money back to the bank.
no, it's YOUR loss.
No it is not, you owe the money back.
