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Byline Bank
Business Online Banking
Reverse Positive Pay
Reverse positive pay is a service in which Byline Bank provides you
with a daily list of checks presented for payment against your company’s
account(s). You control which checks clear accounts by notifying us of
which checks to pay and which ones to return. All checks remain paid
unless you specifically instruct us to return an item.
How it Works
1
Each day, via Business Online Banking, a list of checks clearing your
account will be posted for your review.
2
You perform a daily match of paid checks to your check register (list of
issued checks).
Tip:
If an item does not match, it may be due to an encoding error made
during item processing. Viewing an image of the item will determine
if the mismatch is due to an encoding error.
3
You tell us which items you wish to return by logging into Business
Online Banking by the decision deadline of 12:00 PM CT. If we do not
hear from you by the decision deadline, all items will remain paid.
4
We send your returned checks to the bank of first deposit and credit
your account.
Reverse Positive Pay Process
Reverse Positive Pay
Reverse positive pay is a service in which Byline Bank provides you with a daily list of checks presented for
payment against your company’s account(s). You control which checks clear accounts by notifying us of
which checks to pay and which ones to return. All checks remain paid unless you specifically instruct us to
return an item.
How it Works
1. Each day, via Business Online Banking, a list of checks clearing your account will be posted for your re-
view.
2. You perform a daily match of paid checks to your check register (list of issued checks).
Tip: If an item does not match, it may be due to an encoding error made during item processing. Viewing
n
y b
o
g
an image of the item will determine if the mismatch is due to an encoding error.
3. You tell us which items you wish to return by logging into Business Online Banking by the decision
deadline of 12:00 PM CT. If we do not hear from you by the decision deadline, all items will remain
paid.
4. We send your returned checks to the bank of first deposit and credit your account.
Reverse Positive Pay Process
3639N.Broad-
way
7732447000
Customer issues
check
Check given to payee
Check presented for
payment
Paid list presented to customer on
Business Online Banking
Disposition Instructions
Return
No Response
Pay
Item remains posted on
the account
Item returned to
bank of first deposit.
Account credited for
check amount
Item remains posted on
the account
Item(s) for cycle-end report, if customer subscribes to full or partial check
account reconciliation