mother's maiden names...

[Adam Back]

I think in the UK check signatures are not verified below £30,000
(about US $53,000).  I presume it is just economics ... cost of
infrastructure to verify vs value of verifying given the fraud rate.

Adam

On Fri, Jul 15, 2005 at 01:42:08PM +0100, Ben Laurie wrote:
> My bank doesn't even bother to move them around, as I discovered when I 
> had a chequebook stolen and cheques for large sums forged, and honoured.
> 
> When I spoke to a person who had found the cheque in their store I asked 
> "is it my signature?" (yes, I am sufficiently absent-minded that I might 
> have written a large cheque and forgotten about it). Their response was 
> that they didn't know and had no way to find out. In the end they faxed 
> me a copy so I could check it myself.

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