Dictionary of Banking Terms: raised check
raised check
check with the written dollar amount fraudulently changed to a higher figure. To protect consumers and financial institutions the dollar amount is written twice: in numeric form after the words "pay to the order of," and in the maker's handwriting on the line below. When the two amounts differ, the paying bank usually accepts the written out amount-for example, "one thousand one hundred dollars" -as the check writer's intention.
Dictionary of Business Terms: raised check
raised check
check on which the amount of money and possibly other information is raised above the smooth surface of the paper to prevent alteration.
