Business_Cash Management Sweep

Positive Pay

  • Take positive steps against check fraud. BankPlus offers next day Positive Pay which is an automated fraud detection feature available within e-BankPlus for Business.

     

    • Minimizes potential fraudulent check activity
    • Identifies duplicate checks
    • Identifies paid checks that do not have a matching issue
    • Identifies fields that do not match the issue file
    • Early detection and correction of encoding errors or misreads
    • Simplifies end-of-month reconciliation by already identifying mismatched items