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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. | |
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There is no answer at this time. |
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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 |
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