Today's Bank Business Online Bankng User Guide

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Positive Pay Introduction

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 Exceptions are ACH items presented for payment that are outside of the ACH Filters you provided to the Bank.

Positive Pay: Introduction