Reverse Positive Pay

Protection from suspicious check activity.

View Demo, opens in a new tab

Reverse Positive Pay is a fraud management tool that simplifies account reconciliation activity related to checks presented for payment. This tool is available within BOB Advantage® and Digital Banking.

How it Works

  • Each business day, we'll present all paid checks from the previous business day to you in BOB Advantage or Digital Banking
  • You'll need to review all paid checks from the previous day's activity and determine if they should be returned as fraudulent
It’s that simple.

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.

What's the difference between Reverse Positive Pay and Positive Pay?
POSITIVE PAY REVERSE POSITIVE PAY
Check Activity (per month) Suitable for moderate to high activity Suitable for minimal check activity
Electronic File You send the bank a list of your daily check run We send you a list of checks presented for payment
Check Matching We match presented checks against a history-to-date list of issued checks You match presented checks against a history-to-date list of issued checks
Exceptions Notification We notify you of exceptions – email notifications We notify you of exceptions – email notifications
Customer Check Approval We review checks presented and paid by bank – you decide to pay or return by 3:30 pm EST You review checks presented and paid by bank – you decide to pay or return by 3:30 pm EST
Fraud detection of physical checks presented at a branch Service available Not Applicable
Connect with Treasury Management ServicesConnect With Us