Enhanced Security for Check Payments
Positive Pay, Check Positive Pay, Check Payee Positive Pay and Reverse Positive Pay are all valuable tools organizations can use to help guard against check fraud and fraud losses.
Check Positive Pay
Check Positive Pay is easy to use and adds an essential layer of security to your bank accounts. First, you can use our template to list checks you’ve issued. Then, upload the list into online banking manually or through a direct connection to your internal accounting system. We compare that list against the checks presented for payment and pay only the checks you’ve listed.
If any exceptions are detected, you’ll be notified by email or text message. You can review the check images online and decide whether to pay or return each exception item.
Check Payee Positive Pay
This add-on service provides another layer of protection on top of Check Positive Pay. We confirm the payee name, in addition to the check amount and check number, before releasing payment.
Reverse Positive Pay
With this tool, you review a list of all the checks that have been presented for payment from your account. Only the checks you approve will be processed for payment.
Prevent ACH Payment Fraud
Help protect your business from electronic fraud in Automated Clearing House (ACH) debit transactions with our ACH Positive Pay and ACH Debit Block1. These tools can assist in guarding against fraud losses in transactions such as debits and electronic payments.
ACH Positive Pay
Create, maintain and update a list of preapproved payments. We will pay only the transactions you’ve expressly authorized. You can set customized payment rules for each account, and you’ll have the opportunity to review exceptions. Unauthorized ACH debits will be credited back into your account.
ACH Debit Block
This feature completely blocks all ACH debit transactions. Any incoming ACH debit is automatically returned to the originating bank.
1. Requires enrollment in Business Online Banking. Some products and services may be subject to prior approval or fees. Refer to disclosures provided at account opening, the Business Schedule of Fees, and Pro Forma for additional information.