Positive Pay
An effective tool to safeguard businesses from both check and ACH fraud.
Check Positive Pay
- Provide details of the checks you issue: dollar amount, date, payee, check number
- Checks presented for payment are compared against details you provided
- If items don't match details you provide, the check will be flagged as an exception
- Log into business online banking to pay or return exception items
ACH Positive Pay
- Establish rules for Companies that you want to allow to credit or debit your account electronically
- If an ACH items is presented for payment that doesn't match the approved or blocked list, the item is flagged as an exception
- Log into business online banking to pay or return exception items