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Commercial
Commercial: Positive Pay- Introduction
Positive Pay is a business feature that helps minimize or eliminate check fraud,
prevent related losses and simplify your account reconciliation.
With Positive Pay, you submit an electronic file each day detailing business-
issued checks. As each check is presented for payment, the Positive Pay system
electronically compares it to the information in your file. If an item does not
match the record you provide, it is flagged as an exception and referred back to
you for a payment decision.
In the
Commercial
tab, click on
Positive Pay
. This will open a new browser
window.
When exiting Positive Pay, you should always use the
Log Out
button, located in
the upper right-hand corner of the page.
Positive Pay- Introduction