Frauds and forgeries in cashiering, tillering and loans processing functions are some of the problem that needs careful and detailed monitoring (attention: officers and everybody in the branch).
In anticipation of the unfavorable effects that Lack of updated Knowledge and Awareness in the detection of frauds and forgeries can bring, the conduct of a seminar workshop in frauds and forgery detection has been deemed vital and crucial for an efficient and above-board discharge of functions.
OBJECTIVES:
The primary aim of the seminar in prevention of the occurrence of frauds and forgeries by:
1. Updating/helping participants in identifying documents, common terms and methods of forgeries.
2. Instill in their mind the process of Signature Verification (Identification/Examination) as the most important (legally and technically) basis of identifying depositors and everybody who do business in the Bank (Client or Customers).
3. Sharpen the ability in detecting genuine and forged documents and signatures even without the aid of special tools and instrument (under time pressure).
4. Make them 100% aware of common errors, defects and other factors contributory of frauds and forgery.
5. Enable them to demonstrate confident disposition while in the process of Document and Signature Verification (Identification).
6. Make them recognize and aware of their importance (duties and responsibilities) in safeguarding the BANK CREDIBILITY and SECURITY.
COURSE OUTLINE:
I. Definition of Terms:
(Banking Laws, Implementing Rules and Regulations and Bank Policies)
II. Methods of Frauds
1. Through signatures
-
Genuine signature
Signature Verification
- Forged signature
2. Through Genuine documents with genuine signature but altered
- Genuine alterations
- Fraudulent alterations
3. Through fraudulent/forged documents
(Land Bank checks/ TCT's)
Security Features.
III. Signature Verification (IDETIFICATION)
1. Process as a whole per Bank Policies and Procedures
Significance of the opening of accounts
- Basic discussion on Verification (Identification) of official documents (IDs) per AMLA.
- Significance of Signature Specimen Card (Supervision on the correct-proper ways of affixing the specimen signatures of the future depositors) – (legally and technically) and the filling-op of the filled-in entries.
- Actual workshop using Bank Signature Specimen Card.
2. Signature Verification (IDENFICATION) PROCESS
(Technically-Bank Policies)
- Process
- Basic Rules in Signatures Verification (Identification)
- Workshop
IV. Evidences/Proof of Genuineness of Signatures
Evidences/Proof of Forgeries of Signatures
Workshop - Application on participants' signature
V. Powerpoint Presentation
1. Signatures-Genuine and forged signature detection
2. Fraudulent alterations
3. Security features of checks
VI. RECAPITULATION
VII. POST COURSE TESTS
RESOURCE SPEAKER:
MS. ZENAIDA J. TORRES
NBI Document Examiner (Ret)
SCHEDULE:
03-04 June 2021
Thursday-Friday
1:00 PM - 4:00 PM
