cheque

House buyers often pay via their solicitors, but you can also pay directly online, or by cheque or cash in many banks.

The “infinite money glitch”, as it became known on TikTok, allowed the bank's customers to write a large cheque to themselves, deposit it and then withdraw the funds before the cheque bounced.

The cheque was eventually returned as counterfeit but the defendant still owed the bank more than $290,000, the filing added.

Banks in the US usually allow customers to withdraw only a small fraction of the value of a cheque before it is cleared.

The report said the bank was investigating thousands of possible cheque fraud incidents.