Positive Pay Services
Bolster your defenses against unauthorized transactions.
Positive Pay Service Benefits
- Establish authorized ACH transaction policies
- Minimize fraud losses
- Receive immediate alerts
How Positive Pay Services Work
- Detect and stop check fraud early - We match checks presented for payment against the check file you provide. Any discrepancies are flagged for your review before funds are released.
- Prevent unauthorized electronic transactions - You set the rules and authorize specific vendors, block unauthorized companies, and set dollar limits. When an ACH doesn't meet your criteria, you're alerted immediately and can choose to return it.
- Stay in control - You decide whether to pay or return exception items.
- Save time and reduce risk - Review exceptions quickly through Business Online Banking.
Check fraud and unauthorized ACH activity are two of the most common financial threats facing businesses today. Help mitigate those threats with Positive Pay. Positive Pay adds an extra layer of protection - helping prevent altered checks or an unfamiliar ACH debit from clearing your account. Enrolling in Positive Pay is simple - and it's one of the most effective ways to protect your business accounts.
For more information, please contact us at treasury@cbtcnet.com or at
731-884-4201.
*Please DO NOT include any account numbers, social security numbers or any sensitive personal financial information in your emails to us. Information you submit via email is not encrypted and can potentially be read by others.
