what does return reason -b.....uncollected funds hold- mean, if you have enough in your acct for the check, & you also pay for having "NO Checks returned"...please explain.....?

what does return reason -b.....uncollected funds hold- mean, if you have enough in your acct for the check, & you also pay for having "NO Checks returned"...please explain.....?
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1 Answer

Answer :

It means the returning bank knows what�??s wrong with a check, but is refusing to tell both the depositary bank and the payee.
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