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What is a fisherman’s check and how can it be returned?

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In the past, most people used ordinary and unsecured checks to transfer money to different people’s accounts. Unfortunately, numerous frauds and non-passing of drawn checks caused many people to face huge financial losses. This issue has caused the government to take action to issue a fisherman’s check.

This type of check has been popular in Iran for a short time; Accordingly, a high percentage of people are not familiar with it and are not even able to reverse it. In this article, we will give a complete description of what a fisherman’s check is and how it can be returned.

Check the fishing system

Continuous frauds using checkbooks have made many people not fully trust bank checks in the trading market; But the Fisherman’s check, unlike the old checks, is associated with high security. The reason for the security of these checks is its integrated issuance by the Sayad system.

Syad system has made Syad checks with high validity. This system examines and queries the accounts of the issuer of the hunter’s check and minimizes the possibility of bounced checks. In fact, all the recipients of Syed checks can inquire and control the check issuer’s account by referring to the Syed system.

What is a fisherman’s check?

A fisherman’s check was issued for the first time in May 1400 in the banks of Iran. This check replaces all old checks and is often referred to as purple paper. Sayad’s check has a 16-digit ID. This 16-digit ID shows that the Syed check has been registered in the Syed system.

Fishing checks can only be used when they are registered in this system. Some people may have the question, why is the 16-digit code included on the fisherman’s check? In response to this question, we must say that by using this code, the recipient can inquire about the check issuer’s account. In general, fisher’s checks are referred to as checks that can be tracked in the system.

What are the benefits of using a fisherman’s check?

Fisherman’s checks, as the most reliable and safest type of transactional checks, have advantages, some of which are as follows:

– The monitoring process during their issuance is done with high power. This is why the possibility of fraud through check drawing has been minimized.
– The receiver of the check can make sure that the issuer is in good standing before receiving it from the issuer.
– One of the unique advantages of a check is that there is no need to go to different banks to issue it; In fact, the exporter can receive a checkbook through the Sayad system without going to the bank branches.
– One of the unique advantages of a fisher’s check is that the recipient of the check can find out about the credit of the issuer of the check through the unique code included in the fisher’s checks.

How to return a fisherman’s check?

The return of this type of check is different from old checks. Fortunately, if the recipient of the check goes to the bank to collect the check and faces the problem of insufficient account balance; He can immediately apply for the return of the check.

If the check amount is insufficient, the bank will pay the check amount by checking other accounts of the issuer. If the balance of other accounts of the check issuer is not enough to collect the check; The recipient can immediately after receiving the certificate of non-payment, refer to the competent authority and file a legal or criminal complaint to collect the check.

How to collect the claim after the return of the fisherman’s check

In many cases, the issuer of the check fills his account for the recipient of the check at the appointed time so as not to suffer from the problems and limitations of returning the check; But sometimes the issuer does not have enough money to fill the account, and in this situation his check is bounced according to the receiver’s consent. If the check is bounced; The recipient can act in different ways towards the claimant, which are described in the following three safe methods for this task.

Collecting the check by filing a lawsuit

If the recipient of Sayad’s check went to the bank to receive his payment; But due to insufficient money, he is not able to receive the payment; After its return, he can file a lawsuit to receive his claimant. To file legal claims, the receiver of the check must file a lawsuit against the issuer with the help of experts in this field.

It should be noted that the recipient can request compensation. It is interesting to know that it is possible to file a lawsuit against all the endorsers and guarantors of the check issuer. This possibility has made it possible for the receiver to get his right from people with joint rights. According to the law, the damage for the delay in passing the check is according to the official rate of Iran and from the date that is written on the check; determines

Request for executive issuance from the Real Estate Registry Office

If the check is bounced, the recipient can receive the money by submitting a request for execution from the Real Estate Registry Office. Unlike a lawsuit, it is possible to present an executive order to collect the claim against the issuer of the check. In fact, the receiver of the check cannot receive the demand from the endorsers and guarantors through the request to issue an executive order.

Those who intend to receive a check from the Registry of Deeds and Real Estate; They must have the original check along with the original non-payment certificate from the bank. It should be noted that through the request for the issuance of an executive order from the Real Estate Registry Office, only the collection of money can be done, and it will not be possible to receive damages due to delay in this way.

File a criminal complaint

Filing a criminal complaint is one of the other methods of collection after the check is returned. Those who have not been able to receive their money from the issuer’s account by referring to foreign and Iranian banks; They can file a criminal complaint against the exporter after issuing a certificate of non-receipt.

In criminal complaints against the check issuer, a penalty is determined according to the amount of the check and the resulting damage. Those who intend to collect a fisherman’s check by criminal means; In addition to filing their complaint, they should demand the amount of the check and damages for its delay.

One of the important points in the collection of the claimant through the criminal complaint method is that it is not possible to complain about the endorsers and guarantors, and the recipient of the check can only complain about the issuer of the check. It should be noted that it is not possible to file a criminal complaint for all people; Because it may have passed since filing the complaint.

Those who intend to file a criminal complaint to collect the check; They should file this complaint no later than six months after the date of issuance of the non-payment certificate. In relation to the collection of the money of the fisherman’s check, it should be noted that it is not possible to file a criminal complaint for all types of signature blank checks, undated, conditional, dated, etc.

Conclusion

In the above article, we gave a full description of what a fisherman’s check is and what steps should be taken to return it. We know that bounced checks must be bounced within the specified time so that a criminal complaint can be filed.

Check return, check collection and related tasks require high knowledge and experience. You can ask a lawyer to collect the claim and return the check. Dadista is one of the successful law firms with expert lawyers in Iran. If you need to return the fishing check and collect the check, you can get help from the Dadista team.

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FAQ
What is a fisherman's check?
A hunter's check has replaced all old checks and is often referred to as purple paper. Sayad's check has a 16-digit ID. This 16-digit ID shows that the Syed check has been registered in the Syed system.
What are the benefits of using a fisherman's check?
Minimizing the possibility of fraud, ensuring that the issuer is in good standing before receiving the check, receiving the checkbook through the Syad system, and not needing to go in person, etc. are some of the advantages of using this type of check.
How to return a fisherman's check?
If the check amount is insufficient, the bank will pay the check amount by checking other accounts of the issuer. If the balance of other accounts of the check issuer is not enough to collect the check; The recipient can immediately after receiving the certificate of non-payment, refer to the competent authorities and file a legal or criminal complaint to collect the check.

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