Check verification companies will often offer one, two, or all of the different services in their own system. Some banks bundle a level of this service with a business checking account or with a bank credit card acceptance program. In the United States, there are a number of third-party companies that provide check verification services. Outside the United States the decline in check usage in favour of debit cards and credit cards has meant that cheques are rarely accepted by merchants thus rendering cheque verification services obsolete. 2.3 Account current status verificationĬheck verification services have been most common in the United States, in Europe a cheque guarantee system operated for a number of years that could be used by merchants until the usage of cheques declined to the point where it was no longer necessary.
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