Google Answers Logo
View Question
 
Q: Avg threshold amounts for manual signature verification in the banking industry ( No Answer,   1 Comment )
Question  
Subject: Avg threshold amounts for manual signature verification in the banking industry
Category: Business and Money > Consulting
Asked by: hedo88-ga
List Price: $100.00
Posted: 06 Dec 2002 06:58 PST
Expires: 05 Jan 2003 06:58 PST
Question ID: 120315
I NEED THIS ANSWER ASAP, NOT WITHIN A MONTH.  I need to know the
average amount above which banks pull a check to
have a person compare the signature on the check being paid to the
signature on the accounts' signature card.  I am particularly
interested in an average for Pennsylvania or that region of the U. S..
 However, a U. S. average would be acceptable.  Hopefully, the data
should be at least as current as the latter half of the 1990's.

Request for Question Clarification by ragingacademic-ga on 02 Jan 2003 01:08 PST
hedo88 -

Thanks for your question.
Is it still relevant?
Are you still seeking an answer to this?

thanks,
ragingacademic

Clarification of Question by hedo88-ga on 02 Jan 2003 06:40 PST
I would be interested in an answer to this until January 15, 2003.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Avg threshold amounts for manual signature verification in the banking industry
From: umiat-ga on 06 Dec 2002 16:42 PST
 
hedo88-ga,

 Try as I might, I have been unable to find any information whatsoever
on dollar averages for signature thresholds. I have found a tremendous
amount of information on the need for dollar thresholds, and ways that
banks implement efficient avenues to target checks for signatures, but
it seems that individual banks agree on their own thresholds and keep
that information private. The only article I have found mentioning
anything to do with dollar amounts is a 1998 article mentioning
certain legal cases at
http://www.greensheet.com/PriorIssues-/981101-/981101-3.html
  Hopefully, a researcher with ties to the "banking world" can come up
with some average figures for you!

  umiat

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy