Blank Cheques

Fall 2005 CSANews Issue 56  |  Posted date : May 23, 2007.Back to list

Dear Bird Talk,

I have just finished reading your CSANews summer 2005 issue. I enjoy reading all issues. In regards to "Tips to avoid identity theft", I would like to share with you an experience I had. I wrote a cheque for an account but forgot to sign it. When I received my cancelled cheques back from the bank, I was surprised to see that they had cashed it. When I called the bank, I was indeed surprised when they told me that they only randomly check the signatures.

I used to keep a couple of blank cheques in my wallet in case I needed one, but no more. Now I am very careful of where I keep my blank cheques.

Please advise your readers to keep their blank cheques in a safe place, and not carry them in their wallet, and to alert their bank if they are stolen or missing as apparently signatures mean nothing to the banks.

Keep the good work up.

Sincerely,
Donna Wilson

Response:
Thank you for your kind words, Donna, and for your security tip, as well. The "good old days" when you had a personal relationship with your banker, who knew your signature on sight, are no more. The electronic age is upon us and it will bring marvelous things, but caring personal service will be one of the casualties.