None of the forged £lO apd notes which were recently in circulation in Australia has been passed through the banks of Christchurch (states the “Lyttelton Times ). A few forged £1 National Bank notes were in circulation, but the number was not great. These facts were revealed by inquiries made; at one of the Christchurch banks the other morning. Tellers are always on the look-out for forged notes, but as they handle as many as 700 in one day, it sometimes happens that good forgeries, such as the recently-forged National notes, get past them. seems to be more dishonesty nowadays than a few years ago,” said an executive bank officer. “We are very careful, especially in regard to cheques.” It was pointed out that cheque forgeries were far more common than those of bank notes. Pre- < utions were always taken to see, as fa- as possible, that the cheques were genuine, and a system' of private marks prevailed, in orde- to ensure that, after the cheque had been passed by a ledger-keeper, it was not altered before it Aot to the tellers. These marks varied according to the amount of the cheque, and the whole code was cjianged at; frequent intervals. Thus it was very difficult to pass a forged cheque at a bank. It was for this reason that -forged cheques were usually passed to shop-
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Dominion, Volume 21, Issue 186, 9 May 1928, Page 6
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226Untitled Dominion, Volume 21, Issue 186, 9 May 1928, Page 6
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