Quantcast
Always feel resource rich.

Stay protected against fraud. And headaches.

Protect your account from unauthorized transactions and simplify your monthly reconciliation with Positive Pay. On a daily basis, an electronic report of issued checks is matched to the cleared transactions on your account. An exception report is then generated and is available to you electronically. Make decisions to return or pay items and reduce stop payment fees. It’s that easy.

Any business that writes checks needs Positive Pay. The many benefits include:

  • Fraud prevention:  Authorized users can review Exception Items and return them to the bank of first deposit within the 24 hour requirement for commercial items return.  If fraudulent items are presented, you will know the next morning and the item will be returned (or never cashed at an American Bank).
  • Ease of account reconciliation:  You will know which items were paid and for how much.
  • Eliminate or reduce Stop Pay fees:  Positive Pay offers a VOID option. Instead of placing a Stop Payment on an item, you can mark the item VOID, then you can return the item when you are reviewing the Exception Items report.

Contact us.

Contact us.

Find a nearby location to open a business account.

Find a nearby location to open a business account.

ABOUT SSL CERTIFICATES