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Bookmark or Share- The bank said forged checks were due to my negligence. What can I do?Generally, the bank will require you to complete an affidavit stating that you did not authorize the check. It may also request that you file a police report. If you have an account with multiple forgeries (for example, stolen checks), you should consider closing the account. Banks are generally required to reimburse customers for forged checks.
- After 60 days the bank doesn't have to address forged checks?The bank claims that because more than 60 days have elapsed, it doesn't have to do anything. Is this true? You generally have up to 30 days from the statement date to notify the bank of an error, including an unauthorized signature or an unauthorized alteration on a check. Please note: the time periods for prompt notification may vary by bank ...
- I was passed a fraudulent cashier's check. What should I do?What should I do? Contact your bank immediately. You should also report the fraud to the appropriate authority. Cashier's checks have become an attractive vehicle for fraud when used for payments to consumers. It may take weeks to discover that a cashier's check is fraudulent. In the meantime, the consumer may have irrevocably wired the funds ...
- My bookkeeper forged the endorsement on checks. What can I do?Even when a bank pays a check with a forged endorsement, it is the account holder's responsibility to review the account statements and notify the bank of fraudulent transactions. There is very little the bank can do to protect you from the actions of your employees. It is your responsibility to have separation of duties—for example, the same ...
- I was victim of a lottery fraud. What can I do? - HelpWithMyBank.govAs the payee of the fraudulent check, you must pursue the maker of the check if you wish to seek reimbursement. Two tips: Never accept a check from someone you don't know, especially if the person wants you to send some of the funds to a third party. Be cautious with any offer that asks you to pay for a prize or gift.
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