Section 12: Payment incidents and penalties

A drawee who refuses payment of all or part of a cheque for lack of sufficient funds records the incident no later than the second business day following the refusal of payment. Where the holder has issued the cheque in breach of a ban that is still in force, this period expires no later than the fifth business day following the refusal of payment. The drawee makes a record under…

The drawee banker’s record of cheque payment incidents due to insufficient funds includes the following information for each incident: 1° The account number, whether it is an individual account or a collective account, and information enabling the precise identification of the drawee ; 2° The name or corporate name of the account holder, his address and : a) if the account holder is a natural person, the first names, date…

Any banker who receives notice from the Banque de France, pursuant to article R. 131-42, of a ban on issuing cheques concerning a person holding an account in his establishment shall record this notice no later than the third working day following receipt. It shall also mention the date on which it was notified of the ban. It records the lifting of the ban under the same conditions.

Incidents are recorded in chronological order, each assigned a number in an unbroken annual series. The records provided for in articles R. 131-12 and R. 131-13 are kept and must be able to be substantiated for one year from the date of regularisation or, failing that, for five years from the date of the injunction.