Colony Bank Business Online Banking User Guide

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Reviewing ACH Positive Pay Debit Exceptions Businesses are responsible for reviewing exceptions daily to reduce the risk of unauthorized transactions. Note : If no decision is submitted before the cut-off time, the system will apply the default institution settings, which may result in the transaction being paid or returned automatically.

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In the Treasury Solutions tab, click Positive Pay / ACHPP . Then click the Submit button. 1. Use the “Change Module” drop-down to select “ACH Positive Pay Credits.” 2. Click the Transaction History tab. 3. Review the exception list and expand a transaction to view details. 4. Current Status indicates the system or user decision for the transaction. Current Status examples include: • Pay-System: The transaction is set to pay by default based on your financial institution’s settings. If no one takes action, the transaction will be paid. • Pay-User: A business user reviewed the transaction and manually approved it to be paid. • Approved List-Pay: The transaction was automatically approved because the originating company is on your Approved List and the transaction met the allowed amount, date, and frequency rules.

Positive Pay / ACHPP: ACH Positive Pay Debits Overview