Patent ID: 7266527
Filing Date: 2007-09-04
Classification: G06Q,G07D

Abstract:
1. A method for preventing check fraud, the method comprising the steps of: electronically creating a check containing a first set of information, the first set of information comprising at least a payee, an amount, a date, a customer name, and a check number; attaching a bar code to the check using electronic placement means wherein the bar code contains an associated customer's account number, an associated bank's routing number and a second set of information, the second set of information is at least the payee and the amount; electronically transferring the account number, the routing number, and the second set of information to the associated bank; presenting the check, with the attached bar code, to the bank; scanning the bar code at the associated bank, thereby entering the information on the bar code into the associated bank's database; comparing the electronically transferred second set of information and the information from the bar code in the associated bank's database; and, paying the check in response to the comparison only if the electronically transferred second set of information is identical to the corresponding portion of the information from the bar code in the associated bank's database.