Latest Operations - Checks Topics

by Genilee Swope Parente

Visa is now accepted by 12 million merchants worldwide.

Occasionally, instead of the bank being the target of fraud, it is our customers who are "taken" by unscrupulous characters.

If it was a private corporation, the Postal Service would be the 12th largest business in the U.S.-and it has only shown a profit 17 out of the past 25 years.

Question: We have a customer who owns a proprietorship who comes in with checks made payable to the proprietorship and wants to cash them. Is that OK?

It appears Deluxe Check Printers are the latest in the banking industry to anticipate "restructuring", according to their recent announcement.

A typical family writes 20 to 25 checks per month.

The Chinese were the first to use "money", about 2000 years ago.

50% of 800 ATM users surveyed by Mentis Corp in Maryland said they would be willing to pay for services at the ATM such as statement printing, buying stamps, cashing checks, ordering checks, and ge

Question: We have an account that requires two signatures. However, when the checks were printed, there was only one signature line put on the check.

The Federal Reserve Survey of Consumer Finance shows that by 1992, 87.5% of families in the United States have some type of transaction account-checking, savings, or money market.