Technique of drawing cheques against deposits that have to clear through the banking system. Kiting takes advantage of the time needed for cheques to clear and permits the Kiter to use funds that are not his.
The Rantings of the barely human.
Technique of drawing cheques against deposits that have to clear through the banking system. Kiting takes advantage of the time needed for cheques to clear and permits the Kiter to use funds that are not his.