Northwest Bank Treasury Pro User Guide

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Positive Pay & Account Recon

Positive Pay is a business feature that helps minimize or eliminate check and/or ACH fraud, prevent related losses and simplify your account reconciliation. With Check Positive Pay, you submit detailed information about each check that you issue (either manually or through file upload). As each check is presented for payment, the Positive Pay system compares it to the information in the system. If an item does not match the record you provide, it is flagged as an exception and presented to you for a payment decision. ACH Positive Pay presents items debiting your account to you for decision if they do not match your defined ACH Authorization Rules. In the Control & Recon tab, click Positive Pay & Account Recon . Introduction

Positive Pay & Account Recon: Introduction