Guard against check fraud with Positive Pay — automatically comparing paid items against issued check records, then red flagging any discrepancies as checks are presented for payment.
Bay Commercial Bank's Positive Pay also protects you from paying duplicate items or voided checks, as well as correcting any encoding errors at the time of check payment. You can have confidence that cash reaches the right hands, while keeping your books in proper order.
Positive Pay Basics:
- Detect fraudulent activity
- Matches issued check records against paid items
- Protect against duplicate paid items, voided checks, and encoding errors
- Secure, reliable technology
- It's easy to use