Don't Assume Check Is Handled Correctly

Summary


Bank errors may not occur frequently, but they do happen, and that is why it is important to double-check your monthly statement, as this reader discovered:

Up to a few days ago I thought that when I wrote a check my bank made sure of my signature and paid the correct amount of the check. I discovered this is no longer true.

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Extract


Don't Assume Check Is Handled Correctly

On Nov. 6, I wrote a check to Discover Card for $340.83. Now, I don't balance my checkbook every month, but when I did this month I found that my $340.83 c...

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