Do Your Cheques Pass the Sterling Security Check? How safe are Bank Checks? Signature Line, Date and Amounts in alphanumeric and numeric characters are checked at the bank to ensure the date is within limits and signature lines are filled. There is no attempt made to verify signature. Unsigned cheques only very occasionally slip through especially when using banking machines. Numeric amounts are processed on the base of the cheques and occasionally minor errors occur. For the most part, these errors are not significant, or rather can be easily corrected and are rarely a result of any intent to deceive. Theft and fraud are however, one of the biggest problems most industry faces. Stolen cheques, copied or illegally produced cheques (forged) have posed major problems for banks and their customers. In the past few years many bank customers have turned to the Internet for banking purposes including payment hoping to avoid these problems. As Internet banking has grown, Internet Fraud has become an even more serious problem. More and more companies and individuals are reconsidering the Internet option and are looking to the Print Industry for assistance. At the same time New Cheque Specifications are being introduced to allow banks to process cheques more quickly using computer-imaging techniques and without requiring cheques to be physically moved to processing centres. Companies and banks want assurance that the cheques being processed are legitimate.
The best way to ensure your cheques are safe is to use a variety of Security Features. Printing Controls to help reduce the possibility of fraud. Fraud can occur internally - employee has access to blank cheques or externally - an unrelated individual attempts to alter or reproduce certain well-known cheques. When you use a trusted company like Sterling, you can be assured that you are getting the safest systems and newest techniques available to protect yourself, your client and the bank from theft or the potential problem of cash flow nightmares. Only legitimate printing companies have access to specialized paper & inks.
You can count on the experts at Sterling for GREAT SOLUTIONS at GREAT PRICES!
|
