Positive Pay is a fraud prevention service used to protect your business against unauthorized checks and fraudulent electronic (ACH) transactions. We will systematically compare checks presented for payment against the check issue data you provide to detect serial numbers and amounts that don't match. We can set up ACH filters to allow or block ACH transactions. If something doesn't match, you have the ability to approve or decline the items within certain timeframes.
Disclosure : Some restrictions and fees may apply; consult your GSB Business Banker for details.