Business_Cash Management Sweep

Positive Pay

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

    Features of Positive Pay include:

    • 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
    • Proactively detects and corrects encoding errors or misreads
    • Simplifies end-of-month reconciliation by having already identified mismatched items