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Mistakes In Banking








Mr. Samuel Woods, a member of the American Institute of Bank Clerks,
recently contributed to Munsey's Magazine an interesting article on the
subject of Mistakes in Banking. From this we are permitted by the
courtesy of the publishers of Munsey's to reproduce two of the
facsimiles shown.

One wrong word, or figure, or letter--the right thing in the wrong way
or the wrong place--the scratch of an eraser or the alteration of a
word--or any one of these things, in the making or cashing of a check,
is liable to become as expensive as a racing automobile.

The paying teller of a bank, says Mr. Woods, must keep his eyes open for
new dangers as well as old ones. The cleverest crooks in the country are
pitting their brains against his. After he has learned the proper guard
for all the well-known tricks and forgeries it is still possible that an
entirely new combination may leave him minus cash and plus experience.

But it is not the unique and novel swindle that is most dangerous,
either to a bank or an individual. It is the simple, ordinary mistake or
the time-worn trick that makes continuous trouble. Apparently, every new
generation contains a number of dishonest people who lay the same traps,
and a number of careless people who fall into these traps in the same
old way.





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Previous: Indorsing Checks Etc



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