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What Are The Precautions Required To Be Taken By The Bank Customers To Avoid Frauds?

Answer»

Bank customers should use image friendly cheques. They should preferably use dark coloured ink while drawing the instruments. Care should be exercised in the use of rubber stamp, so that it would not interfere with the MATERIAL portions of the cheque. The date of the cheque, payee's name, amount and signature are the BASIC features which are essential in a cheque.

The use of rubber stamps, ETC, should not overshadow the clear appearance of these basic features in image. In ORDER to ensure that all essential elements of a cheque are captured in an image during the scanning process, bank customers have to exercise APPROPRIATE care in this regard.

Bank customers should use image friendly cheques. They should preferably use dark coloured ink while drawing the instruments. Care should be exercised in the use of rubber stamp, so that it would not interfere with the material portions of the cheque. The date of the cheque, payee's name, amount and signature are the basic features which are essential in a cheque.

The use of rubber stamps, etc, should not overshadow the clear appearance of these basic features in image. In order to ensure that all essential elements of a cheque are captured in an image during the scanning process, bank customers have to exercise appropriate care in this regard.



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