List / Mention any two/three circumstances under which a bank can refuse payment or dishonour a cheque.

A bank can refuse payment or dishonour a cheque under the following circumstances:

1. When the funds in the drawer's account are insufficient to make payment of the cheque.
2. When the cheque is stale, i.e., more than three months old from the date written on it.
3. When the drawer has stopped payment of the cheque by giving a written notice to the bank.
4. When the signature of the drawer on the cheque does not tally with the specimen signatures on record.
5. When the cheque is post-dated and is presented before the date it bears.
6. When the amount in figures and words differ on the cheque.
7. When the cheque has been altered and the alterations are not signed by the drawer.