Protect your Business from Check Fraud
| Upload | Personalize | Approve |
|---|---|---|
| Submit an electronic file each time you issue checks | Payee Positive Pay is an optional service that adds a payee's name onto the check | Exceptions are presented to you for approval |
How it Works
Enhanced Protection
Check Positive Pay examines each and reports any irregularities found, directly to you.
- When your company issues a batch of checks from your accounting institution, they are imported to the Check Positive Pay system prior to their distribution.
- As those check reach us for posting, we are comparing details from the information your company provided us, such as the check serial numbers, date, amount, payee, and the account.
- If the checks have differences or discrepancies are found, then the check(s) will be flagged.
- The suspicious check will be placed in the Check Positive Pay "Exception" list for you to review and the company advises us how to proceed (pay or not pay).
| Identify | Compare | Review |
|---|---|---|
| Check Positive Pay matches the check number, dollar amount and account number against an electronic file provided by your business that contains a list of issued checks | We compare every check presented for payment against the cumulative electronic file |
Checks that do not match this list are returned for review. You determine whether they should be paid or returned
|
Additional fees may apply with this service.
If you have Positive Pay setup, click the button below or the "LOGIN" button in the top right corner:
