Consumers
Changing the way you write cheques - safeguarding against fraud
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Contact: Lynne Bartlett Date: 20 Feb 2006 |
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Banks and building societies have announced changes to the way they handle cheques that are payable just to a bank or building society, as a further measure to reduce cheque fraud. They are now embarking on a campaign, to ensure customers' money gets to the right account.
From next year, people will need to add further details, such as the name of the person whose account is to be credited, to the payee line of cheques that are payable to a bank or building society. However, the industry is advising that people start adding the extra details now, so that they benefit from greater protection immediately.
Copies of this booklet can be ordered by contacting Lynne Bartlett on 020 75205900.
Single copies are free of charge. Bulk copies are available at the following costs -
Quantity Cost per 100 leaflets
1-499 copies £9.00
500-999 copies £7.00
1,000+ copies £5.00
