Hello,
As you are all aware check fraud is out of control and getting worse everyday. Is the Bank always liable for check fraud? We have had checks that were stolen (probably via the mail box thefts) and washed and then cashed. We have also had this happen with Line of Credit checks. We had a few where the customer never even ordered checks but checks were made and then cleared the LOC account. The issue with most of these is we don't know about it in time to return the check. I believe UCC says we need to return it within 24 hours.

I am just curious on how you all are handling the Fraud that is happening.

Thanks for your feedback!