Quote:
Originally Posted by Sliver
Then banks need to come up with some basic way of verifying their validity. If I get a draft from one bank in Calgary and wander over to another bank in Calgary to deposit it, they should fkn be able to call each other or something if they're concerned it's a forgery.
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I wonder if they could create some type of internal transfer system from bank to bank. You give them the account number and bank info of where you want your money sent to and they do it for you automatically. Then there should be less risk of fraud. I suppose then, there’d still be a hold to verify that the original funds weren’t deposited into the original account illegally before being transferred.