benchmark community bank
Help Us Help You Prevent Check Fraud
Check fraud has become big business for the crooks engaged in it. And it’s costing honest business people tens of thousands of dollars. During January 2024, we experienced close to $200,000 in fraudulent check attempts.
Check fraud has taken on a new level of sophistication. Thieves are constantly devising new and different ways to produce counterfeit checks or alter stolen checks. Whether you use handwritten or computer-generated checks, crooks have gotten so good at replicating your check, it’s hard to tell the real ones from the fakes. When your paper check is presented for payment, it takes a team effort to determine whether the check deposited at Benchmark is, in fact, the check your company issued.
Part of our Check Fraud Prevention Team includes you. You know your business better than anyone and can see what checks were issued for each business day. You are the key to reviewing a check image to confirm whether a check presented for payment shows the correct amount, as well as the correct payee.
Here at Benchmark, we are seeing an alarming increase in check fraud - and we want to do everything we can to prevent you staying up nights worried about the security of your account. Our Bankers and our Treasury Services team are partnered to provide you with solutions to help you fight fraud on the many fronts through which you do business.
We are proud you chose Benchmark as your business partner and look forward to the opportunity to share with you the tools you need to prevent fraud. Thank you for the trust you place in us everyday.
