Check Fraud and Verification

Before buying personal or business checks you shouldreconcile monthly statements. This should let you know
inform yourself of the best ways to protect yourselfif someone is writing false checks in your name. Top
from check fraud. Since man has written checksstub checks provide an easy and convenient place for
check fraud has existed. Like any fraud, check fraudyou to write down transaction details if you don't have
emerged as crafty con artists discovered they couldtime to document purchases in your check register
photocopy checks or alter checks to steal moneyimmediately.
from innocent victims. Thanks to technologicalWorried that cheap checks won't provide the same
advances and craftier con artists, check fraud is asprotections? Fear not! When buying cheap personal
common as a cup of coffee.checks find out whether the print on the checks is
As a consumer you should concern yourself withsmall. This will help prevent photocopying. Foil and
ways to prevent or reduce the chances that checksembossing is also available on some styles. This, and
you write will fall victim to fraud. Fortunately there areany intricate design will help reduce the likelihood that
many ways to reduce the likelihood of fraud. Whethersomeone will photocopy your checks. The simpler the
you are a fan of cheap checks, high quality businesscheck, the easier it may be for a thief to copy.
checks or personal checks that express yourLastly, if your someone steals your checkbook be
personality, there is security available for you. Chancessure to contact your bank immediately. There are
are you'll find what you're looking for and the securityseveral measures you can take to protect your
to protect you from check fraud with a little planning.identity. You can either transfer funds to a separate
Once you know what to look for, there s no reasonaccount or stop payment on the series of checks in
you should fall victim to thieves, crafty or otherwise.the checkbook stolen. Your bank should provide you
Let's take a look at some common security measureswith extra information about protecting your identity.
check companies use to protect you from thieves.Check Verification
Check SecurityRetailers are also protecting themselves from check
Many check companies including Deluxe(TM) checksfraud. The number one way they are doing this is
now offer consumers special features to help preventthrough check verification. There are several check
the likelihood of fraud. Among the more commonverification companies that use machines to verify
measures adopted to protect consumers include:whether a check will clear or not. The more common
- Microprinting - micro printing is simply print on thecompanies include:
check that is small enough to prevent someone from- SCAN
photocopying the information on the check.- TeleCheck
- Erasure Protection - this protection prevents anyone- Check Rite
from erasing information on the check. A white spot- Equifax
appears if someone tries this.- ChexSystems
- Original Document - each check is printed with theIf one of these machines dings your check as bad and
words original document that can't be photocopied.you know you have cash in your account, it is possible
Other companies including Quicken(TM) checks andsomeone might be passing checks in your name. You
Quickbooks(TM) checks are taking measures tocan call the check verification company to find out and
ensure your safety. Among the security featurescorrect any wrong information.
adopted by these companies include:Keep in mind while most people don't intentionally write
- Small print. Like Deluxe(TM) checks this preventsbad checks or checks they know will bounce, if you
thieves from photocopying your information.do these machines are likely to stop you cold in your
- Erasure protection.tracks.
- Special detail including foil and embossing. This alsoNow that you know how to protect yourself from
makes it difficult for thieves to photocopy checks.check fraud and what security measures are available
Of course the best thing you can do to protectto help protect you, why not get those daffy duck
yourself from thieves is balance your checkbook andchecks you have been dreaming about?