There are several options for ensuring that a check you’ve been given is valid. The easiest is to call the issuing bank. All banks will have a 1-800 number or local number that you call.
When you get on the phone with support, you’ll let them know that you are a merchant and have in your possession a check. They will then ask you to confirm details of the check including the checking account number, the name on the check and possibly the routing number. They will then let you know if it is valid, open and has sufficient funds or not.
There are many fraudulent checks that replace the number on the front of the check for the bank with a false one. So then, when you call, you are given the okay because you’re not actually talking to the real bank. There are a few ways around this. You can call a company called Check Lookup at 1-900 868-2995. They will charge you $5 but you can deduct this as a business expense and learn if you’ve got a valid check in your possession immediately. Another option is visiting the bank with the check. If it is an out of state check, then you can go online and find out the customer support number from the bank directly from the bank’s website.
There are a variety of reasons in which you’d need to know if a checking account number is valid and open. You may be a merchant and have just been given a check for product or you could be an individual who has been given money for services or as a loan payback. Whether you know the person who is giving you the check or not, it’s worth a few minutes to investigate to see if the check is legit.
When you get on the phone with support, you’ll let them know that you are a merchant and have in your possession a check. They will then ask you to confirm details of the check including the checking account number, the name on the check and possibly the routing number. They will then let you know if it is valid, open and has sufficient funds or not.
There are many fraudulent checks that replace the number on the front of the check for the bank with a false one. So then, when you call, you are given the okay because you’re not actually talking to the real bank. There are a few ways around this. You can call a company called Check Lookup at 1-900 868-2995. They will charge you $5 but you can deduct this as a business expense and learn if you’ve got a valid check in your possession immediately. Another option is visiting the bank with the check. If it is an out of state check, then you can go online and find out the customer support number from the bank directly from the bank’s website.
There are a variety of reasons in which you’d need to know if a checking account number is valid and open. You may be a merchant and have just been given a check for product or you could be an individual who has been given money for services or as a loan payback. Whether you know the person who is giving you the check or not, it’s worth a few minutes to investigate to see if the check is legit.