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#530038 - 04/11/06 03:32 PM RETURN OF FORGED CHECKS
michellecc Offline
100 Club
michellecc
Joined: Sep 2003
Posts: 128
Southern New England
Good morning.

We have a situation where 4 checks which are drawn on a local business (who is a customer) that we discovered are forged. Can we return these checks?

Thank you.

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#530039 - 04/11/06 06:14 PM Re: RETURN OF FORGED CHECKS
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Good afternoon from another corner of Cape Cod, Michelle!

If it's your customer's signature that is forged, you may have already missed the return date. The midnight deadline applies in such cases. That means if you're reviewing the checks that posted on Monday, 4/10/06, you have until midnight on Tuesday (today, 4/11/06) to return them for signature.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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