What to do if the transfer check is stamped with both the official seal and the financial seal:?
If the wrong seal is stamped, it should be invalidated and a new one should be issued. Only if the seal is unclear can a clear and identical seal be stamped next to it.
Article 87 of the "Negotiable Instruments Law of the People's Republic of China" If the amount of the check issued by the drawer exceeds the actual deposit amount with the payee at the time of payment, it is a bad check and is prohibited. Issue bad checks. Article 88 The drawer of a check shall not issue a check that is inconsistent with the signature style or seal of his or her original name. If a bad check or a check inconsistent with its reserved signature is issued without the purpose of defrauding property, the drawer will be fined 5% of the face value of the check but not less than 1,000 yuan.
Bad checks refer to checks issued by an organization whose face value exceeds the balance or overdraft limit of the bank deposit and cannot be valid. According to regulations, checks that do not match the reserved bank signature are also considered bad checks.