Withdrawal slips
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Re: Withdrawl slips
I was in a long queue in an AIB branch many moons ago and an irate customer ahead of me nabbed the branch manager as he walked past and asked the same question.
The reason the manager gave was that the blank withdrawal slips were being taken from the branch, fraudsters were forging the signatures of account holders on to the withdrawal slips then returning later to clean out their accounts.
Seems a bit of a tall story to me, but that's what the man said!
I was in a long queue in an AIB branch many moons ago and an irate customer ahead of me nabbed the branch manager as he walked past and asked the same question.
The reason the manager gave was that the blank withdrawal slips were being taken from the branch, fraudsters were forging the signatures of account holders on to the withdrawal slips then returning later to clean out their accounts.
Seems a bit of a tall story to me, but that's what the man said!
Re: Withdrawl slips
Miser,
Crazy and all as it sounds the bank manager was correct - I have seen it happen on a number of occasions particularly on business accounts.
A well dressed person would come in in the middle of lunch or afternoon on a Thursday (busiest times) with a signed withdrawal slip on a company account with a signed letter on company letterhead stating that money was needed for wages or a bonus or whatever; this person would also have photo ID with him / her - when the bank teller went to check the signatures the signatures matched, they would take a copy of the ID and give the money out. When investigated it would turn out that everything was forged - withdrawal slip, company letterhead, Photo ID.
By keeping withdrawal slips inside the counter the bank is forcing the customers to complete the form there and then in front of the teller and thereby reduce the potential for fraud - it also forces people to use their ATM cards + PIN
Miser,
Crazy and all as it sounds the bank manager was correct - I have seen it happen on a number of occasions particularly on business accounts.
A well dressed person would come in in the middle of lunch or afternoon on a Thursday (busiest times) with a signed withdrawal slip on a company account with a signed letter on company letterhead stating that money was needed for wages or a bonus or whatever; this person would also have photo ID with him / her - when the bank teller went to check the signatures the signatures matched, they would take a copy of the ID and give the money out. When investigated it would turn out that everything was forged - withdrawal slip, company letterhead, Photo ID.
By keeping withdrawal slips inside the counter the bank is forcing the customers to complete the form there and then in front of the teller and thereby reduce the potential for fraud - it also forces people to use their ATM cards + PIN
onlineprint
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Re: Withdrawl slips
Keeping the withdrawal forms behind the counter is a good idea as far as I can see with the level of fraud going on in Ireland and overseas
Keeping the withdrawal forms behind the counter is a good idea as far as I can see with the level of fraud going on in Ireland and overseas
Re: Withdrawl slips
You may be interested to know that you can trick BOI into accepting a lodgement at the counter. Lets say you balance is EUR 5, and you want to buy a bank draft for EUR 30... because a draft must be purchased from an account they will lodge the EUR 25 for you at the counter.
Now... using your imagination you could lodge a higher sum and then decide, suddenly that you don't want the draft before they write it, or buy a draft payable to yourself, although that would be silly....
daveirl said:
You may be interested to know that you can trick BOI into accepting a lodgement at the counter. Lets say you balance is EUR 5, and you want to buy a bank draft for EUR 30... because a draft must be purchased from an account they will lodge the EUR 25 for you at the counter.
Now... using your imagination you could lodge a higher sum and then decide, suddenly that you don't want the draft before they write it, or buy a draft payable to yourself, although that would be silly....