What steps can my business help avoid receiving a worthless or “Hot Check”?
• Require ID-a driver’s license is best. Compare the photo and signatures • Require date of birth • Make sure the signature is legible • Out-of-State business or banking facility should alert you • Require a physical address when presented with a P.O. Box • Make sure written and numerical amounts agree • Make sure the check is dated the same day you receive it. • Have check limits • If in doubt, you do not have to take a check.
