Judy Perry wrote:
It's funny you should mention that. As I work at the satellite rather
than the main campus, may payckecks end up collecting dust at the main
campus and thus, recently, I deposited three at a time. And I forgot to
endorse them. I contacted the manager immediately who said, "don't
worry; we'll just cash them anyway!"
While relieved I wouldn't have to wait a week or three to get the money
in my account, I thought it was a little scary that they don't check for
an endorsement...
I think it's always been the case that anyone can put money into your
account without authorization. It's the taking out part that they check.
A bank told me that probably 20 years ago; deposits don't really need
any endorsement. They figure if someone is giving you free money, you
won't complain. The check-cashing services should do a better job of
checking IDs though, that's scary.
--
Jacqueline Landman Gay | [email protected]
HyperActive Software | http://www.hyperactivesw.com
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