Byline Bank Business Online Banking

You can select a message by text or phone advising that your positive pay/payee positive exceptions are ready for review. Positive Pay Process: Positive Pay Process

Check presented for payment

Check given to payee

Customer issues check

Validated against issue file

Issue file sent to Business Online Banking

Exception items presented to customer using Business Online Banking

Disposition Instructions

Pay

No Response

Return

Default instructions on file are implemented

Item remains posted on the account

Item returned to bank of first deposit. Account credited for check amount

Item(s) reconciled for cycle-end reports, if client subscribes to full or partial check account reconciliation

Maximum Dollar Notification You can specify the maximum dollar amount (e.g. $10,000) for which a check should be paid. In the event a check is presented for payment that exceeds the maximum dollar amount you specified (e.g. $100,000), the check would be included in your exception notification with the exception notification with the exception reason listed as “above

maximum dollar amount.” Stale Date Notification

3639 N. Broad- way

773 244 7000

You can specify for a check to be paid within a specific period of time (e.g. six months from issue date). In the event a check is presented for payment that exceeds the specified pay period, the check will be included in your exception notification with the exceptions reason listed as “stale dated item”.

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