Guard Your Check Against Theft

Crooks can steal your money, all it takes is your papercheck or even a deposit slip. Paper checks are a bigger worry than credit or debit cards. You can report the loss of your card to the bank and they'll immediately cancel the card. The lack of US Federal protection against paper transactions, causes prolonged headaches for consumers becuse banks have varying policies on how to treat bad checks.

This is the situation in the world's biggest economy with federal and state oversight regulations tightly designed to protect the consumer interest.

In several developing countries with less than perfect state of high accountability, the consumers are the mercy of the crooks whose action seems to go unpunished, giving the impression that they are above the law.