Positive Pay
Positive Pay flags suspicious or unmatched items so you can review them before they post. This helps prevent losses from altered, counterfeit, or unauthorized checks and ACH transactions. You gain real‑time insight into outgoing payments and incoming activity, helping your team track cash flow with confidence.
When a check or ACH transaction doesn’t match your authorized list, you’re alerted immediately and can decide whether to pay or return the item. By catching fraudulent items early, businesses avoid disruptions, payment errors, and the time‑consuming process of disputing fraudulent transactions.
Enhancements are coming February 20th!
We're introducing strengthened fraud protection and improved control features, along with a streamlined user experience through single sign-on in Business Online Banking.
New Positive Pay Solutions
- Check Positive Pay - Verifies check numbers and amounts to ensure only authorized checks are paid.
- Payee Positive Pay - Adds verification of the payee name, providing a stronger defense against altered or counterfeit checks.
- Reverse Positive Pay - Ideal for businesses issuing fewer checks. You review check activity and approve items before they clear.
- ACH Positive Pay - Monitors ACH debit activity and vendor authorizations, helping prevent unauthorized electronic withdrawals.
Important information about the Enhancement!
- Block lists, approved lists, and outstanding check data will transfer automatically into the new system.
- Positive Pay history will NOT transfer. You are encouraged to download/save any desired history prior to the February upgrade date.
