Checks received in the mail should be immediately stamped NSF to prevent unauthorized cashing of the check.

Question

Jaleel Taylor · Accepted Answer

Final Answer : False, Explanation :  Stamping a check NSF (Non-Sufficient Funds) is only necessary if the check bounces due to insufficient funds in the account. It is not necessary to prevent unauthorized cashing of the check, as that can be prevented by other means such as keeping the check in a secure location until it can be deposited into the appropriate account.

Checks received in the mail should be immediately stamped "NSF" to prevent unauthorized cashing of the check.

Definitions

Learning Objectives

Learning Objectives

Related questions