Cashing Vs Buckeye Check

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James, I agree with you, when you state that the first red flag was the fact that the check was postdated. In their lines of business, there should have been policies in place that would have protected them from unnecessary losses. I personally feel that the following policies are necessary. 1. All payees must provide a valid identification card and must not be expired. 2. Buckeye Check Cashing will not negotiate any postdated checks. 3. All negotiable instruments will be verified by calling the bank, which the check is drawn, for verification of authenticity and ensure that there are no stop payments. 4. Representatives are required to write down on the front of the check, the payee’s driver license number and expiration date.
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