What are some other recommended safeguards to look at?
1. Know or be able to identify your endorser.
2. Assign only one person to approve checks. Keep a daily schedule of who is responsible.
3. Cash checks for only the amount of the purchase.
4. Do not accept checks without the passer's name printed on the check.
5. Consider the possibility of implementing a check cashing courtesy card system. This system provides your employees with a current list of customers whose checks may be accepted. Accepting a check from a person who does not possess a check cashing courtesy card is done at your own risk.
6. A check passed on to and cashed by a second party who is not the payee constitutes a civil complaint.
7. Keep a list of the names of people who have passed bad checks. Consult this list before accepting any check.
