07 October 2009

U.S. Dept of Veterans Affairs seeking assistance of nation's financial institutions in cashing emergency educational payments

I've previously discussed the U.S. Department of Veterans Affairs issuing advanced educational benefit payments to veteran-students here. The VA is now soliciting the support of local and national banks to honor and cash these emergency checks written to veteran-students. A VA press release indicates that in many cases the checks are handwritten and could pose concerns of fraud from banks. Therefore, VA has established the following special customer service call-in numbers for banks to verify the validity of any US Bank check brought to them by a veteran. The number is 1-800-827-2166.

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