Positive Pay
Minimize fraud-related losses by ensuring only authorized checks are paid ─ while forged, altered or stolen checks are not.
- Eliminate potential check fraud.
- View images of suspect items for easy confirmation or rejection.
- Receive real-time alerts.
Optical character recognition
to match payees and easily
detect altered checks. |
- Validates each incoming check against issuance file data.
- Prevents unauthorized checks from clearing.
- Provides real-time status on transactions.
- Guards against MICR line and Payee Line fraud.
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| Real-time status on transactions |
- Confirms and reviews transaction file upload to ensure error-free processing.
- Offers verification potential at branch teller lines.
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| Convenience |
- Provides on-line check images for suspect item review and held item approval.
- Enables online viewing of suspicious items on user-friendly screens for approval, rejection, and image review.
- Integrates easily with most accounting and ERP systems.
- Integrates with our suite of cash management solutions for end-to-end control.
- Complements our Controlled Disbursement and image services such as CD ROM and Image Archive through Money Manager
GPS ™.
- Reduces time spent on month-end reconciliation.
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View additional information about Positive Pay (PDF)
Want to Learn More?
Our Cash Management representatives are ready to work for you ─ with local, personal attention backed by all the resources, products and global capabilities you need to succeed. To find out what it's like to have a good bank on your side, schedule a meeting today:
By Phone: 1-877-550-5933
By Email: clientservices@rbscitizens.com