Contact A Banker About Positive Pay CONTACT A BANKER TOENROLL IN POSITIVE PAY Call: (678) 742-9990 |Email:onlinesupport@myaffinitybank.com Banking with Partners Be a Client, not an Account Number. Customer Service You Can Bank On.There is not a lot of goodwill toward bankers these days,...
Positive Pay Feel secure about the money coming out of your accounts. Add an extra layer of security to your company’s check payment process. Distribute checks as normal, then get the opportunity to review them when they are presented for payment. This helps catch fraudulent checks before the...
How Does Positive Pay Work? Our system electronically compares the dollar amounts and check numbers of every check presented for payment against a record of check numbers and dollar amounts issued on the account. Checks presented that do not match are flagged and sent to the account holder for...
Positive Pay enables a business or municipality to upload a file of issued checks when they are produced. As checks clear through the account, they are matched to the issued file. Any exceptions are flagged by the system for your review prior to being paid. ...
Positive Pay provides protection on a daily basis against losses due to fraudulent check payments and the cashing of unauthorized checks that are presented to the bank. Product Features & Requirements Compares incoming checks to a database of issued checks Monitoring and detection of unusual check...
Transaction Authorization System (TAS)* is a comprehensive, browser-based solution for completing daily positive pay procedures. The system imports positive pay files from business customers and compares information to transactions posted to customers’ accounts. Exception items such as duplicates, amount ...
36.5Purging Processed Positive Pay Information Version ZJDE0045 of the P00PURGE program has been established to allow users to purge processed positive pay member records from the work file F0458. The DREAM Writer data selection has been set up to purge only processed items. You may want to ...
The Positive Pay system provides several reports including: outstanding issued checks cleared checks exception items voided and stopped items stale dated checks In addition, a maintenance activity log is available which lists the maintenance and who made the final decision. All of these reports are de...
Positive Pay is a way to mitigate fraud. Below are examples of fraud cases that have occurred to businesses. A business was burglarized. It appeared that the supply of blank checks had not been touched; however, the middle section of checks had been stolen. If Check Positive Pay was in pl...
What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.