A checking account customer owes a duty to examine the monthly statements of account promptly and with reasonable care to determine whether any payment was not authorized because of alteration of a check or a forged signature.

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A checking account customer has a duty to promptly and carefully examine their monthly statements to detect unauthorized payments due to altered checks or forged signatures. This duty is based on the principle of comparative negligence, which allocates responsibility between the bank and the customer for losses resulting from unauthorized transactions. If the customer fails to fulfill this duty, they may be found to have contributed to the loss and be liable for part or all of it.

A Checking Account Customer Owes a Duty to Examine the Monthly