What is check kiting?

Answer by  patti (29325)

Check kiting is when you write a check for non-existent funds in one account to float funds into another account by taking advantage of the processing time.

Answer by  withluck (1745)

Check kiting is writing checks by using the float time that it takes for the check to be processed. In truth, there really isn't enough money to cover all the checks written and some would bounce if they all were posted. Check kiting is illegal.

Answer by  catneb (97)

The simplest form of check kiting is writing a check while there is no money in your account, with the intent of depositing money into the account before the check clears. Kiting is taking advantage of the float time it takes for checks drawn on one bank to reach another.

Answer by  heather88 (1897)

You will have to check with a lawyer about what it is. The lawyer would be able to tell you what it is.