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But in the UK we do. You can set up a bank accounts which requires two signatures, then only cheque payments are possible. Very quiant, annoying and backwards.
by pujjad 7y ago
But in the UK we do. You can set up a bank accounts which requires two signatures, then only cheque payments are possible. Very quiant, annoying and backwards.
- Wildgoose 7y agoI am the Treasurer of a Charity we set up to keep our local Library open. We need two signatures on our cheques - but not to be "annoying" or "backwards". It's simple security to stop a rogue actor emptying our bank account!
- pujjad 7y agoYep I get that, but the artist playing at our charity festival have complaint every time about having to deal with cheques both I (treasurer) and the other finance officer have to sign. Why is it that in the 21st century we can't have a digital online two-signature policy yet have to sign a paper which signatures one easily can forge. That's backwards. We got cryptocurrencies but no way to implement a digital two-signature policy? Odd.