Positive Pay –
Commercial Fraud Prevention
Positive Pay will help your business:
- Quickly identify suspect items
- Streamline your account reconciliation
- Reduce exposure to check fraud
- Review your account accuracy on a daily basis
We’ll keep watch for you.
If someone tries to alter one of your checks and deposits it for an amount different than what you authorized, we’ll notify you. Think of how much you’ll save in both money and headaches. We call this service “Positive Pay” because you can be positive that you’ll pay only for the amount authorized on your check.
It’s fast.
Positive Pay is one of the most effective check fraud protection strategies available. It improves the control and security of your business funds. This automated check matching process quickly compares checks you have issued with checks presented for payment.
Verification before funds are released.
Firstbank verifies the validity of checks presented for payment on your account before your funds are released.