fraudulent checks - Fixanswer - Get your knowledge fix!

Is Positive Pay Mandatory?

January 24, 2024 by Charlene Dyck

Is Positive Pay Mandatory? The RBI had provided instructions regarding the Positive Pay System and asked the lenders to launch the mechanism on January 1. It has made it mandatory for the banks that customers must be informed about the procedure. Is PPS mandatory? Is it mandatory to provide the details to Drawee Bank under

How Do I Know If A Check Is Fake?

January 24, 2024 by Emily Lee

How Do I Know If A Check Is Fake? Edges: Most legit checks have at least one perforated or rough edge. If all edges are smooth, the check may have been printed from a personal computer. 2. Bank logo: A fake check often has no bank logo or one that’s faded, suggesting it was copied