Reverse Positive Pay
Protect your business from check fraud
Have peace of mind knowing the business you worked so hard to build is protected with our check fraud protection service. Reverse Positive Pay is simple and easy to use, allowing you to spend more time running your business.
How it Works
- Each business day, we will present all paid checks from the previous business day to you in Business Online Banking
- You will review the paid checks and notify the bank of any returns by 3:30 EST
- If you do not return any checks, they will remain paid
What is the difference between Reverse Positive Pay and Positive Pay?
Reverse Positive Pay is typically well-suited for small business customers that issue fewer checks each month and do not have the ability to submit check issue files to the bank. You simply review images of all checks that paid from your account the previous banking day online and return any payments that appear fraudulent.
Positive Pay is suitable for businesses of all sizes and provides fraud detection functionality for checks presented for cashing at a branch as well as for checks deposited by your employees and vendors. This service requires you to send an electronic file of the checks you issue to the bank.
Normal bank approval applies.