CBT Fraud Prevention and Security 2

Question 1

A customer deposits a check, then quickly withdraws the funds before the check clears, while covering it with a check drawn on another account with insufficient funds. What is this scheme called?

Accepted Answer

Check kiting

Answer

Check kiting exploits the float time between banks to create artificial balances using worthless checks.

Question 2

Which sign most strongly suggests a check has been chemically washed?

Accepted Answer

Faded ink, discoloration, or a rough texture in the payee and amount areas

Answer

Washing uses chemicals to erase ink, often leaving discoloration or altered paper texture where fields were rewritten.

Question 3

The routing number printed in the MICR line at the bottom of a U.S. check contains how many digits?

Accepted Answer

9

Answer

ABA routing numbers are nine digits, the last being a check digit used for validation.

Question 4

A new customer's first deposit is a large official check from an online buyer who 'overpaid' and wants the difference wired back. What should the teller suspect?

Accepted Answer

An overpayment scam using a counterfeit official check

Answer

Overpayment scams use fake cashier's checks and pressure victims to send back the 'excess' before the check is returned.

Question 5

Which feature on a check is designed to show the word 'VOID' when the item is photocopied?

Accepted Answer

Void pantograph

Answer

A void pantograph is a hidden pattern that becomes visible on copies to reveal duplication.

CBT - Certified Bank Teller Practice Test

CBT - Certified Bank Teller Practice Test

CBT Fraud Prevention and Security 2