What are the regulations respecting bad checks?
Checks drawn on Iranian banks and their branches abroad are considered as enforceable official documents. If the holder of a check presents the same to the bank but does not receive its amount, due to lack of funds or due to any other reasons, which culminate in not honoring the check and its non-payment, he may refer to the enforcement unit of the respective Registry Office and ask for collection of the amount of the bad check or the balance thereof, from the assets of the drawer. This is in accordance with the laws and regulations pertaining to the execution of enforceable legal documents. The beneficiary may also take measures for collecting the amount of the bad check through litigation.
