Forgery

The forgery section of the Bankers'' Blanket Bond policy can provide cover against a financial loss, which results from having acted in good faith upon "written instruments" or "payment instructions", if these prove to be forged, or fraudulently altered, lost or stolen, or forged as to signature. Often this clause is split into two parts with one covering the forgery or alteration of cheques and the like, and the other specifically covering forged or altered securities including stocks, bonds and share certificates.