WorksheetsFraud in the Banking World
Total questions: 13
Worksheet time: 7mins
The bank must honor the number written in the box on a check.
True
False
Which is a valid resource for verifying checks?
Image Research
Verify signature on signature card
Call the bank the check is drawn off of
All of the above
If you receive a check with a letter requesting that money be sent back it is a scam.
True
False
Criminals will sometimes dress a certain way to make bankers believe that they work for the company their check is drawn off of.
True
False
All banks will verify funds on a check for you.
True
False
Signature cards are the only way to verify a signature.
True
False
Check altering is not considered fraud.
True
False
A new customer presents a payroll check in the amount of $4,567.83. Should you put a New Account Hold on this deposit?
Yes
No
Besides the signature card, you can verify a signature by:
Calling the bank the check is drawn off of
Checking the Lyons website
Looking at checks previously written on the account
Only business checks can be altered or forged.
True
False
If you believe a check is fraudulent you should give it back to the customer.
True
False
You should always make sure that a customer has funds in their account to cover the check before you cash it.
True
False
You should always search for a non-customer in NuPoint to check if they have charged off accounts.
True
False
