When you examine canceled checks returned in the bank statement by a client's bank, how could you tell whether the amount on the check had been skillfully raised (increased, say, from $75.00 to $7,500 in the amount box, and altered in the written line from "Seventy-five dollars" to "Seventy-five hundred dollars") after the check was cleared by the bank

Question

Kathy Wolfe

Business

28 March, 17:13

When you examine canceled checks returned in the bank statement by a client's bank, how could you tell whether the amount on the check had been skillfully raised (increased, say, from $75.00 to $7,500 in the amount box, and altered in the written line from "Seventy-five dollars" to "Seventy-five hundred dollars") after the check was cleared by the bank

+5

Answers (1)

Know the Answer?

Carissa Gross · Answer 1

The bank imprints the check with the amount paid by the bank (magnetic print in the lower right corner). It will be 0007500, meaning $75.00

Explanation:

I could tell whether the amount on the check had been skillfully raised (increased, say, from $75.00 to $7,500 in the amount box, and altered in the written line from "Seventy-five dollars" to "Seventy-five hundred dollars") after the check was cleared by the bank because The bank will always imprints the check with the amount paid by the bank (magnetic print in the lower right corner) in which It will be or show as 00007500, meaning $75.00.