Positive Pay
With the First United Bank & Trust Positive Pay solution, you can help protect your business from fraud and potential losses. With Positive Pay, simply upload the check number, amount, and date of every check issued. When a check is presented for payment, this solution compares the information to ensure it’s a check you’ve written. You will have the opportunity to review any items that don’t match, to make decisions on whether to pay or return the item.
- Maintain tighter controls of your disbursements
- Review suspicious items efficiently and effectively
- Get enhanced Positive Pay protection through our Community Office network
You can also choose from these additional options to meet your unique needs:
Payee Positive Pay
The check payee is added to your check files for comparison purposes, adding an additional layer of security.
Reverse Positive Pay
Rather than upload checks, each item is presented to the bank as an exception for you to determine if it gets paid on the next business day.
ACH Positive Pay
This solution gives you the ability to set up ACH parameters to monitor ACH debits. These could be dollar amount or ACH company ID.
Deposit Services Team
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