Check fraud is on the rise, but a few simple precautions can go a long way in protecting your business and your finances. Trey Cunningham, President of the Kansas City Market for Midwest BankCentre, shares practical steps you can take to stay secure.
Key Tips to Prevent Check Fraud
- Avoid Blank Spaces
- Never leave blank spaces on your checks—especially in the amount or payee lines.
- Draw a line through any unused space to prevent alterations.
- Use Gel Pens
- When writing checks, always use a gel pen rather than a ballpoint pen.
- Gel ink is more resistant to tampering, making it harder for fraudsters to erase or modify your information.
- Mail Securely
- Deposit your checks only in secure mailboxes, either at your workplace or a local post office.
- Avoid leaving outgoing mail in open or unsecured locations overnight.
Even small changes in how you handle checks can make a big difference in safeguarding your business. If your current bank hasn’t discussed fraud prevention strategies like these, it may be time to talk to a financial partner who takes your security seriously.
Contact Midwest BankCentre today to learn more about how we help protect you and your business.