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Banks do not typically check for dual signatures on personal accounts but may require them for business or organizational accounts as an added layer of security. Dual signatures necessitate that two authorized individuals sign off on a transaction, which reduces the risk of unauthorized access and fraud, ensuring that no single person can act…
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Banks authenticate signatures through a meticulous process that combines technology and human expertise to prevent fraud. This involves comparing the signature on a check or document against the signature on file, looking for consistency in various handwriting characteristics. When discrepancies arise, further investigation is conducted to ensure the transaction’s legitimacy. How Do Banks Verify…