A bank may contractually shift to the customer the risk of forged checks created electronically or by the use of nonmanual signatures.

Question

Quizplus · Accepted Answer

It is possible for a bank to include terms in their contracts that shift the risk of forged checks created electronically or through non-manual signatures to the customer. However, this does not necessarily mean that all banks have such terms in their contracts, and customers should always review the terms of their banking agreements carefully.

A Bank May Contractually Shift to the Customer the Risk