Affidavit of Forgery Choices

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Question:

We have a business customer that has had its account number stolen. The individual who stole the number along with the ABA and Bank name changed the check face from a business check to a personal check. Which affidavit do I use to return these items to the bank in which these checks were deposited?

Answer:

In general, when dealing with counterfeit checks, the basic problem is that checks are being presented for payment against a legitimate account with a forged signature.

Use the forged drawer's signature affidavit if one is necessary. But don't delay your return of the items to obtain the affidavit. Bounce them for signature within your "midnight deadline" and assist your customer in doing the affidavit(s) later.

First published on BankersOnline.com 9/6/04