[rescue] random babble

[Alistair MacDonald]

A good few years ago (maybe 10?) the UK banks changed things so that all new
cheque books come pre-crossed (ie with the two lines and with the text "A/C
Payee" stamped on them)

(Hint: I would move this to geeks, but I'm not subscribed)

Alistair

>>> gsm at bfr.co.il 01/09/2002 10:35:03 >>>
Leslie Connally wrote:

> Turned out, the sellers "Name" was portugese for "pay to the bearer" aka
> CASH in Portugese.. Total sham. Total fraud. Classic! All he had to do was
> wait for checks.  and run off to wherever and cash them.. w/ fake ID..
> untraceable

The Israeli banking system is based upon the U.K. banking system. ANY check
is "pay to the bearer" UNLESS it is "crossed". You cross a check by drawing
2 lines across the name and write out "PAY ONLY" next to it.