First Kentucky Business Cash Management User Guide

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Positive Pay Introduction

Positive Pay is a business feature that helps minimize or eliminate check fraud, prevent related losses and simplify your account reconciliation. The Positive Pay system electronically compares the Checks Issued file against check items being presented to the bank for payment. When a check attempts to clear and does not match the provided record, it is flagged as an exception and referred back to you for a payment decision.

Positive Pay: Introduction