42 replies to this topic

[Orren]

Julia Grace, on Jul 27 2010, 09:21 PM, said:

Interesting.... what do you do with the checks then???

Keep them as your bank receipt.

Orren

[Joolissa]

Hmm... I would have thought that'd pose some sort of security risk or something...

[Thoth]

Julia Grace, on Jul 28 2010, 12:28 AM, said:

Hmm... I would have thought that'd pose some sort of security risk or something...

The check routing number (the numbers along the bottom of the check, including the actual check number) uniquely identifies the individual check. Consequently, you can't then redeposit the original. (You can try. Maybe go to a third-party check casher. But ultimately you'd get caught. So much for your life of crime, Jools.) Anyway, more and more folks are accepting facsimiles. Today I can even FAX my Rx to a pharmacy and pick up my meds later, rather than wait on line. And then there are online purchases (from, for example, Amazon) which can be paid for using only your credit card or debit card number (no physical card necessary, no signature). I can see a future smart phone loaded up with all your numbers and serving as your main source of funds.

Waiting to be able to activate a jukebox by phone.
- Thoth