If you are a victim of check fraud, and promptly make a formal complaint to the authorities; banks will typically provide you with provisional credit while an investigation takes place. Your banker can give you information about your bankís specific process.
General Tips for Avoiding Fraud
∑ Donít give any of your bank account numbers to anyone unless you have called them.
∑ Only reveal bank account information to vendors you know to be trustworthy.
∑ Protect your checkbook and report any missing checks immediately.
∑ Read your account statements monthly and review for fraudulent usage.
∑ Destroy any canceled checks.
∑ Inform your banker of any suspicious activity. They will be able to take measures to protect your account and notify the authorities.
∑ No legitimate buyer will offer to pay for something by sending a check and asking the seller to wire some money back. If that's the pitch, it's a scam.
∑ Use technology. Most online banking systems let you set up balance alerts and transaction alerts to help you know what's going on anytime there's a change to your account. This can tip you off to unauthorized account access.