Positive Pay
One proven step to reduce losses from check fraud is to take preventive measures such as utilizing Positive Pay service. You transmit a file to the bank containing information about checks issued by your company. As checks clear against your account, we will verify the dollar amount and check number to make sure they match those issued. If discrepancies occur, they are reported to you daily. After reviewing the information and image of the check, you tell us to pay the check or return it. A quick review of any positive pay activity each morning may save thousands in losses caused by stolen or fraudulent checks.
Find out more about Positive Pay. Call or stop by your neighborhood location.
