Positive Pay is one of the most powerful tools you can use to protect your company against check and ACH fraud
 

The basics of Positive Pay are very simple:

When you issue a batch of checks or originate ACH through your accounting program, each item has a certain profile - the date, the amount, the payee, and the account on which the check is drawn.

Those records are exported from your accounting program, and imported to the Positive Pay system.

As those checks are deposited and reach us for posting, and as ACH transactions are processed, we compare the details of your check or ACH item to the details you provided when it was issued.

If differences or discrepancies are found, the item is flagged, and placed in the Positive Pay "Exception" list for you to review.

You can then determine whether the item should be paid or rejected.

It's a simple but powerful way to stop the most common types of check and ACH fraud.

Questions?

If you have questions, please visit our Help Center, or contact us for assistance.