Tips for Handling a Check

      If you want to protect your company from losses due to bad checks, there are "rules" you should follow.  The most important rules apply at the moment you accept the check for payment.  State statutes, local requirements and simple practicality also influence what can or cannot be done to recover a loss to a bad check.

      There are some steps you should always take when accepting a check. We’ve developed a simple acronym – SANDI – to help people remember the steps.

S Double Check the Signature. Watch the person sign the check.  Pre-signed checks are often trouble.  Compare the signature against a photo ID that contains the person's signature.  A Driver's License is best - and record the Driver's License number.  Student ID numbers and Military ID are also good identifiers that you should get if possible.

A Compare the Amounts. If the amount written in numbers and the amount written in words don’t match, the bank won’t accept it.  Carefully read both versions of the amount.  If they don’t match, don’t accept the check.

N Check Number. It’s a fact that most bad checks are written on new accounts. Be especially aware of checks that seem to be on a new account (such as numbers in the low 100s or low 1000s).

D Today’s Date. Post-dated checks do not qualify for this Program. Make sure the date on the check matches the date you accept it.

I Complete ID. It is important that you get as much identification as possible.  At a minimum you MUST get the following: