State Bank of Pakistan (SBP) has issued directions to banks to get their staff trained on lines to effectively tackle the problem of cheque wash.
State Bank in a circular issued on Saturday directed the banks to also scrutinize the cheques under ultra violet lamps to check their authenticity.
It further said some fraud elements using chemicals wash off the amounts mentioned on cheques and the name of the payee and put different figures and names. It said only a special kind of lamps can detect this kind of fraud.
The circular further stated that acts like cheque wash were damaging the repute of the banks and urged the management to take necessary steps to deal with this issue.