Positive Pay

One of the most powerful tools you can use to protect your company against check fraud. 

Positive Pay is an automated cash management service used by banks to help protect a business from altered, forged or counterfeit checks

The Positive Pay service matches specific check data against a list provided by the company, prior to processing.

This includes information like:

• Dollar amount
• Check number
• Date
• Account number

As those checks are deposited and reach us for posting, we compare the details of the check to the details you provided when it was issued. If differences or discrepancies are found, the check is flagged, and placed in the Positive Pay "Exception" list for you to review and determine whether the check should be paid or rejected.