Bankers should be on the lookout for check-kiting
In a letter to chief executives, the OCC said national banks should
In addition, the letter said, bankers should regularly report these
The Aug. 12 advisory outlined a number of warning signs of check fraud,
* The existence of multiple accounts owned or controlled by the same
*Regular or excessive withdrawals against uncollected funds.
*Large credits or debits that are inconsistent with the customer's
Banks that suspect check kiting should file a suspicious-activity report