Quote:
Originally Posted by BVF
Well I see that check verifications haven't advanced in the years that I stopped accepting checks....It makes no sense...If I can pay a bill online with a check, it won't go through unless there is money in the account....Why you can buy porn with not only insufficient accounts, but accounts that don't even fucking exist is beyond me.
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That's not entirely true, there is no check system that can look in your bank account and determine if the money is there before approving the check. The good systems use driver license number and public records info to verify your identity, but even the best systems can't determine if money is in your account, or even if the account is valid. People transpose numbers in their bank account all the time when entering them by phone and the payment still goes through, only to come back later as an invalid account number, but as long as they type in a valid routing number it will go through.
That being said the fact that someone is able to make up a name and a account number multiple times and still have it go through is ridiculous. I can't believe the check system doesn't use even the most basic public records info to verify identity, that is insane...