In Japan, when a company’s promissory bill is dishonored for the second time within six months of the first, the clearing house suspends its transactions. For two years from that day, the banks in the clearing house may not do business with it.
In Japan, when a company’s promissory bill is dishonored for the second time within six months of the first, the clearing house suspends its transactions. For two years from that day, the banks in the clearing house may not do business with it.