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#975178 - 06/13/08 08:31 PM Facsimile Signatures
snull Offline
New Poster
Joined: Jun 2008
Posts: 1
For a business using a Facsimile signature is it necessary to have a letter or an Affidavit along with the signature card.
Thank you.

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#976570 - 06/17/08 05:59 PM Re: Facsimile Signatures snull
cheekEE Offline
Power Poster
Joined: Jun 2005
Posts: 4,594
Easy Street
Just curious. What are you using faxed signatures for?
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#976923 - 06/18/08 04:27 AM Re: Facsimile Signatures snull
Rangers Fan Offline
Gold Star
Rangers Fan
Joined: Dec 2001
Posts: 345
I gather you are meaning a deposit customer using the facsimile (stamp) signature? If so, yes you really should have an affidavit or agreement on file that you suggested to have the customer acknowledge the liability that they have with using the stamp (physical security of the stamp, responsibility for unauthorized use, etc.). Your account agreement should also speak to the liability and UCC issues that may be involved too. Good luck.

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