Positive Pay/ACH Blocks & Filters

Positive Pay helps prevent check fraud and strengthen internal controls by systematically comparing checks presented on your account against checks that you issue on a daily basis.  ACH Blocking service guards corporate accounts against unauthorized ACH transactions. Positive Pay and ACH Blocking Services are easy-to-use and are accessible entirely through Business Online Banking.

Positive Pay

• You provide us with check number, dollar amount and issue date of each check written
• When checks are presented for payment, we compare each check to your issue information
• Any discrepancies are reported to you through Business Online Banking
• You have the ability to view image and make a payment decision
  

ACH Blocks and Filters

• You decide which companies are authorized to post ACH transactions, blocking those that are not authorized (aka block and return)
• You can also select filters to review all incoming transactions or just certain transactions such as those over a dollar amount, per company or both
• You have the ability to view ACH transactions and make a payment decision
  

FEATURES AND BENEFITS:

• Early detection of fraudulent, altered, or counterfeit checks and ACH
• Convenient file transfer to bank
• Instant exception images online for return or pay decision
• Multiple-user access from multiple locations
• Paper-free electronic delivery
• Simplifies account reconciliation as unmatched checks are validated daily
• Reduce time previously spent working on fraudulent items

Monthly maintenance fee:  $15
ACH Block: $15
ACH Filter: $15
ACH Return Item: $5