To guarantee funds, Serv-A-Check’s
policy for required information on checks is quite simple!
The Check writer’s full name, complete address and phone number must be
already printed on the check or written at the point of sale. The check
also needs to have an indication that proper
picture ID was verified; this
is usually accomplished by writing the driver license number on the check. These basic and commonly used practices are
necessary prior to the M.E.G.S processing or deposit.
It is important to
remember that the Serv-A-Check M.E.G.S. System or Guarantee Service and its requirements
are merely a guideline to follow in guaranteeing funds.
Serv-A-Check does not make the decision on the acceptance of an
individual check. The acceptance of checks is
entirely within the merchant rights. The
merchant is not required to accept every person’s check and has the legal right to
deny the acceptance of any, or all checks, as the merchant
deems appropriate.
It is
required for the
merchant to post a sign describing the conditions being set on the acceptance of checks at
their business. Serv-A-Check will also
provide signs to advise check writers of a service charge that will be applied if their
check is returned unpaid for each terminal, lane or checkout within a merchants business. Small door stickers are also available to advise
customers the business gladly “Accepts Checks.”
All of the signage is attractively presented with a positive message and
provided as part of the basic service.
