Byline Bank Business Online Banking

Business Online Banking continued Positive Pay Approval Based on your issued and void files, Byline daily compares all items presented for payment against your information. If the information does not exactly match, an exception is created and you are required to decide if that item should be paid or returned. The Positive Pay Approval screen allows businesses to require a secondary approver for decisions to pay. This adds an additional level of security. Based on the preferences you selected, you will receive an alert via text or phone message that an exception exists on your account. Beginning at 9:15 AM every business day morning, you should log into Business Online Banking and review the Pos Pay Exceptions report. You will see the detail for the returned item and then decide whether to Pay or Return. If you decide to return, you will be asked for a reason. If you select “Fraud”, Byline Bank will take additional steps to investigate and prevent additional attacks on your and others bank accounts. Your decision is required by 12:00 Noon CT. Should you not log in and review the exception items, your Default instruction will be followed by Byline for all exception items. Tip: Byline Bank recommends that a default decision of Return is selected. This provides the best protection to your company. If an item appears in the Exception report, it does not match the issue information you submitted.

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