Even though electronic payments are becoming more and more popular, cheques are still a common form of payment in Canadian businesses. Counterfeiting is an unfortunate reality of business, and you should train your employees to recognize fake checks to avoid losses.
First, employees should be trained to understand the basic information found on all checks. The series of numbers at the bottom include the institution code, branch transit number, and account number, and are always presented in a similar way. Also, almost all checks have safety features incorporated in them. On the back of the check, the features are described.
The best training you can give employees is that, when in doubt, ask questions and if the answers are unsatisfying, ask for another form of payment.