Comprehensive Analysis of Indian Bank Cheques for their Security Features and Forensic Authentication

Abstract

Abstract: Background: Security features play a pivotal role in authenticating various security documents, particularly financial instruments like cheques. In addition to safeguarding the identity of the holder, it is of utmost importance to shield these documents from forgery attempts. To achieve this goal effectively, the implementation of security measures such as watermarks, unique printing techniques, ultraviolet-visible features, VOID-Pantograph, Micro-Printing, and other relevant methods becomes imperative. CTS-2010 lays down some really important guidelines with respect to the use of security features in Indian cheques with an attempt to standardize it with the ever-changing technology along with the Modus-Operandi of the Criminal. Results: The current research paper conducts a comparative analysis of the security features being currently utilized in cheques across nine different banks in India, with the help of the VSC-8000 H/S system. Cheques adhering to the CTS-2010 standards share common dimensions. In terms of security, all reviewed cheques have watermarks with the bank's name and logo, often accompanied by "CTS-INDIA” along with UV Fluorescence Ink is used for bank logos and various elements like amount in words, emitting distinct colors under UV light. Unique micro lettering is present under the pay column, rupees column, and amount box. Notably, SBI, HDFC, and Union Bank cheques exhibit the highest number of security features, enhancing their security value. Conclusions: By meticulously identifying and scrutinizing the presence or absence of covert features in these cheques, the study emphasizes the significance of incorporating as many of these measures as possible to enhance the overall security value of cheques on a universal scale. These findings are crucial for banks and financial institutions, guiding them in fraud prevention and customer safeguarding. Through strong security measures and ongoing advancements in design, printing, and technology, banks can effectively reduce risks linked to counterfeit cheques and unauthorized modifications.