“Thieves pull checks from residential mailboxes and fish them out of USPS drop boxes. Larger operations steal entire bags of mail.”
There are banking regulations that protect fraudulent passing of checks. And last I knew, negotiable instrument fraud (Checks) is faster to resolve than fraudulent electronic transactions.
In the last 6 years I have experienced 6 attempts at electronic fraud and zero incidents with checks. Three credit cards had to be cancelled and replaced. O with checks.
Best risk reduction to stollen mailed checks - give it to clerk at the postal window or drop in the postal box inside the post office. Also, never write a check for an in-store purchase, except for purchasing a brand-new automobile from the dealership. They have that check vacuumed out of your bank account before you drive off the lot!
Excellent idea, and well worth any very minor inconvenience.
“There are banking regulations that protect fraudulent passing of checks. And last I knew, negotiable instrument fraud (Checks) is faster to resolve than fraudulent electronic transactions.”
I thought that was the case. Thanks for the information.