UMB Business Online Banking User Guide

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Positive Pay Introduction

UMB’s Positive Pay Services help you take a more proactive role in managing your accounts. Positive Pay gives you efficient, daily control over all check disbursement activity by allowing you to review all exception items before final payment occurs. Positive Pay is one of the most effective supplemental measures to control check fraud risk and enhance the security of check disbursements. Exception Items are then presented to you for review and decision through UMB’s business banking portal. Clients are required to review exception items and make a decision to reject or accept an item for payment before 2:00 p.m. CT. If no decision is made before the 2:00 p.m. cutoff time, the system will automatically default to the criteria previously established in the system upon setup. To Get Started In the Advanced Payments tab, click Positive Pay .

Positive Pay: Introduction