Positive Pay is a great way to reduce the risk of fraudulent activity on your business accounts. It allows us to work together to identify unauthorized transactions before final payment is made.
In its most basic form, Positive Pay electronically sends information to us about the checks you write each day. As those checks clear, we verify them against the information you provide, such as the dollar amount and check number. If the information doesn’t match, the items are held pending your review and approval.
Find out more about how simple it is to setup and use Positive Pay to protect your business. Just ask us!
|