Financial services .. Tips for handling checks

Although the use of checks has declined with the increasing popularity of online banking and card payments, financial institutions still handle a large number of checks each year.

Financial fraud can be carried out by forging checks in various ways, such as stealing a check or an open (blank) check book, misuse of it by fraudsters by forging signatures, or changing the check details (the beneficiary or the amount), as well as obtaining a checkbook. On behalf of the victim or through impersonation or theft of his personal identity, according to financial institutions.

Therefore, you should avoid signing any open check (in blank), and signing it only after completing all the required details, without leaving an empty space in front of or behind the name of the beneficiary or the amount written in words and numbers.

In addition, unused spaces must be canceled by deleting them, with full details of the beneficiary written.

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