Bad Checks

Kiting is like this scenerio:

You have $100, two bank accounts, and each account has one bill/check owed that is $75. Kiting is the process where you move that $100 (It could be less) between the two accounts frequently. This way, in theory, each account will show a $100 balance temporarily. It is of course illegal, and would quit working as soon as one of those checks cleared, as there would be no money to move.



I could see it being a clerical error. Our yard pays cash too, though with shred paying nothing at all, I doubt they need much cash on hand.