Question

The bank allows you to specify the starting number of the checks they are sending. Why should you consider requesting a starting number of 1500 instead of 001?

Answer 1

Requesting a starting number of 1500 instead of 001 enhances check security and reduces the risk of unauthorized transactions.

Step-by-step explanation:

If you request a starting number of 1500 instead of 001, it can help protect your personal information and prevent potential fraud. Starting with a low number like 001 may make it easier for someone to guess and forge your checks. On the other hand, starting with a higher number like 1500 adds more digits to the check number, making it harder for someone to replicate or manipulate.

For example, if you request a starting number of 1500 and write a check for $1000, the check number would be 2500 (1500 + 1000 = 2500). However, if you started with 001, the check number would simply be 1001, which is easier to guess or manipulate.

By choosing a higher starting number, you can enhance the security of your checks and reduce the risk of unauthorized transactions.