The practical work of a bank : a treatise on practical banking which aims to show the fundamental principles of money, the practical work of a bank in detail, and particularly, credit in its relation to banking operations . ot good. Itmay be a bearer check, payable to holder, but most checksare payable to designated payees, and this one, let us sup-pose, is payable to you. Therefore, he must pay you oryour order. And to identify you may be difficult. You arenot known. You offer to bring in your chauffeur; yourlawyer; your wife; and the teller, sad to relate, does notknow either. You produce a
The practical work of a bank : a treatise on practical banking which aims to show the fundamental principles of money, the practical work of a bank in detail, and particularly, credit in its relation to banking operations . ot good. Itmay be a bearer check, payable to holder, but most checksare payable to designated payees, and this one, let us sup-pose, is payable to you. Therefore, he must pay you oryour order. And to identify you may be difficult. You arenot known. You offer to bring in your chauffeur; yourlawyer; your wife; and the teller, sad to relate, does notknow either. You produce a letter addressed to yourselfand say: There, you see. I got this check in a letter thismorning. Yes, the teller observes, mentally, but youmight have stolen it from the mails. How do I know? Ofcourse, the teller doesnt say so in words, but shakes hishead and says: We must have someone whom we must use judgment and tact in getting identification,and in the case of small checks, such matters as letters, mon-ograms and other documents in the bearers possession maybe accepted. The indorsement of one of the banks cus-tomers is, of course, the best identification—if it is genuine. 106 THE PRACTICAL WORK OF A BANK. s oo M K m Si a S wW H OOCO t-H g CO 1—I o e; Q wm M< H< e I THE PAYING TELLER 107 And in being firm but kind, tbe teller often has to take abusefor being so very particular—finicky, as a woman wouldput it, forgetting what the risk really is and how many lossesand headaches tellers have had by taking a chance and losing. One instance will illustrate the attitude of mind of somepeople toward the paying teller. Some years ago a manpresented for payment a check for a fairly large amountand had some difficult}^ in producing satisfactory evidence ofhis identity. Finally, he rolled back his sleeve and showedhis arm upon which was tattooed his full name. There,young feller, he exclaimed to the teller, do you think Istole the skin? In another case a woman pr
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