# Is there any fraud protection anymore on Checks? Any at all? **URL:** \ **Category:** Factual Questions\ **Created:** [May 26, 2012, 8:09pm UTC](https://boards.straightdope.com/t/is-there-any-fraud-protection-anymore-on-checks-any-at-all/623192 "2012-05-26T20:09:30Z")\ **Posts on this page:** 2\ **Page:** 2
**Author:** ![md2000](https://avatars.discourse-cdn.com/v4/letter/m/73ab20/32.png) [@md2000](https://boards.straightdope.com/u/md2000)\ **Post date:** [May 29, 2012, 1:44pm UTC](https://boards.straightdope.com/t/is-there-any-fraud-protection-anymore-on-checks-any-at-all/623192/21 "2012-05-29T13:44:28Z")
Electronic transactions have to go into an account somewhere. I don’t know the business, but I imagine the threshhold for getting into the network means they are all serious accredited banks. First, they have standards for which customers they allow to do automatic transfers; second, the moment they suspect problems, they can turn off the tap and call the authorities. Finally, if they allow funny transactions, as I said above the bank at the other end will just reverse the transactions - meaning the bank with the crooked customer has a real financial incentive to stop this activity ASAP. ---
**Author:** ![Keeve](https://avatars.discourse-cdn.com/v4/letter/k/f07891/32.png) [@Keeve](https://boards.straightdope.com/u/Keeve)\ **Post date:** [May 29, 2012, 6:54pm UTC](https://boards.straightdope.com/t/is-there-any-fraud-protection-anymore-on-checks-any-at-all/623192/22 "2012-05-29T18:54:24Z")
> [@aceplace57](#): > > How many people still reconcile their accounts monthly to the penny? I go on line almost every morning and reconcile it to the penny. On average, four times a week. On rare occasions, only three. > [@aceplace57](#): > > How many people would notice $75 gone a month? If you wouldn’t notice $75 a month, would you mind giving some to me? [Previous page](https://boards.straightdope.com/t/is-there-any-fraud-protection-anymore-on-checks-any-at-all/623192.md?page=1)