Question by gobigms: How does check verification work at retail stores?
My checkbook was recently stolen and before I could close my account, dozens of checks were written. I am in the process of clearing up this mess, but in the meantime my old checking account is frozen, overdrawn, and closed to further activity.
I was able to open a new account after I explained the problem, even though ChexSystems had me in their system as having a ton of bounced checks.
Will I be able to write checks to stores that use check verification systems? Or, even though I have a new account number at a different bank, will they cross-reference my name/driver's license number/phone number and not take my checks?
BTW, I don't use a debit card for two reasons: (1) most banks in my area still charge a monthly fee just to put a debit card on an account (at the same time, I get unlimited free checks), and (2) many of the businesses I shop at locally charge a fee to use a debit/atm card as payment. I know this is absurdly antiquated, but I live in a small, very rural, very backwards area when it comes to this sort of thing. Given this, I haven't yet sprung for a debit card because I refuse to pay extra to have/use it!
BTW, Consumer... check verification does NOT verify funds in the account. That only happens when the merchant electronically debits the check. The verification I am talking about is when the merchant uses a system that checks your information against a database - they ONLY verify that the account is open and not overdrawn. What I want to know is: what information do they use to verify? Do they just use the routing/account number, or do they use your name/driver's license #/address/etc?
Also, as an FYI, I did try to use a check yesterday at a retailer and it was rejected. Usually it gives a reason for the denial, such as, bounced checks are on the system. This time, it didn't give any reason - the store was baffled. Guess I will have to call the check verification system to get an answer on this one.
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My checkbook was recently stolen and before I could close my account, dozens of checks were written. I am in the process of clearing up this mess, but in the meantime my old checking account is frozen, overdrawn, and closed to further activity.
I was able to open a new account after I explained the problem, even though ChexSystems had me in their system as having a ton of bounced checks.
Will I be able to write checks to stores that use check verification systems? Or, even though I have a new account number at a different bank, will they cross-reference my name/driver's license number/phone number and not take my checks?
BTW, I don't use a debit card for two reasons: (1) most banks in my area still charge a monthly fee just to put a debit card on an account (at the same time, I get unlimited free checks), and (2) many of the businesses I shop at locally charge a fee to use a debit/atm card as payment. I know this is absurdly antiquated, but I live in a small, very rural, very backwards area when it comes to this sort of thing. Given this, I haven't yet sprung for a debit card because I refuse to pay extra to have/use it!
BTW, Consumer... check verification does NOT verify funds in the account. That only happens when the merchant electronically debits the check. The verification I am talking about is when the merchant uses a system that checks your information against a database - they ONLY verify that the account is open and not overdrawn. What I want to know is: what information do they use to verify? Do they just use the routing/account number, or do they use your name/driver's license #/address/etc?
Also, as an FYI, I did try to use a check yesterday at a retailer and it was rejected. Usually it gives a reason for the denial, such as, bounced checks are on the system. This time, it didn't give any reason - the store was baffled. Guess I will have to call the check verification system to get an answer on this one.
Best answer:
Answer by kate
It scans the account number for previous reports of problems .
Your new account should be OK , but checks are so antiquated .
I'm down to maybe 6 a year , Why are you writing them ?
Unless it is some very small business ( like Our water company ) that cannot process credit or debit ,
Skip using checks , they are more dangerous and totally cumbersome .
Use your debit card , and NEVER put your PIN number on it .
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