So I buy "blank check stock", or security-enhanced thick paper for printing checks. I then print a check with the appropriate MICR font at the bottom space, and put all the other relevant info on the check. The check stock comes with the padlock icon on the back, and lists the security features found on it.
Then I take that check, sign it, and give it to the client so I can pay them. They cash the check. They get the money in their account. I got to give them a completely custom branded check.
But I don't see how any of the security features of "check stock paper" actually help in preventing check fraud. For example, a person could do this:
- Buy blank check stock, with the padlock icon on it, and the security features listed.
- Print the same check design and check information (my bank account and such) onto that check stock.
- Fake the signature.
- Deposit it into their account.
Obviously I would see this appear in my transaction history and report it as a fraud. But my question is about the security features. I don't see how they offer any protection from this situation. The fraudster can just buy arbitrary check stock and print everything out the same way I printed everything out on the custom check.
So I am wondering if one could explain how these security features actually add security against fraud. I don't see it.
I can see how the security features means a photocopy of a check will not be accurate, or how if they try and erase info off of a check it might be obvious because of the chemicals in the security features. But I don't see how they can't just print a copy from check paper.