The part that confuses me is my knowledge of cheques runs like this
1) You deposit a cheque into your account
2) The bank debits the account on the cheque
3) The bank credits the money to the account of the receiver.
4) Cheque clears.
Surely step 2 has been missed out here? The account number on the cheque was probably fake so this sort of thing should have been nipped in the bud straight away.
1) You deposit a cheque into your account 2) The bank debits the account on the cheque 3) The bank credits the money to the account of the receiver. 4) Cheque clears.
Surely step 2 has been missed out here? The account number on the cheque was probably fake so this sort of thing should have been nipped in the bud straight away.