Positive Pay

Positive Pay Account Services

With a Positive Pay Account from Consumers National Bank, your business benefits from a proactive defense against altered or counterfeit checks. This fraud detection service monitors all issued checks and automatically flags unauthorized transactions before they clear, helping you safeguard funds and maintain stronger cash flow control.

Our locally supported treasury solutions are designed around regional fraud trends, providing tailored protection and in-person support when needed.

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How Consumers' Positive Pay Works

  • Upload Check Details Daily: Submit a file with check numbers, issue dates, and amounts.

  • Bank Cross-Verification: We compare every check presented to your submitted list.

  • Exception Handling: Any mismatches are flagged and sent to you for approval.

  • ACH Positive Pay: This feature extends protection to ACH debits, allowing you to manage unauthorized electronic withdrawals.

Benefits of a Positive Pay Banking System

  • Detect check fraud before it impacts your account.

  • Reduce financial losses from unauthorized transactions.

  • Streamline your reconciliation process.

  • Gain real-time control over payments and cash flow.

 

Positive Pay vs Reverse Positive Pay

What is Reverse Positive Pay?

Reverse Positive Pay shifts the responsibility of verification to the business. Instead of the bank comparing checks to a submitted list, you review all daily check activity manually and notify the bank of any issues.

Positive Pay vs Reverse Positive Pay - Comparison Table

Positive Pay vs Reverse Positive Pay - Comparison Table
 

How to Enroll in a Positive Pay Account

Getting started is easy:

  1. Contact our Treasury Management Team.
  2. Submit required business documentation.
  3. Configure your account preferences.
  4. Begin uploading daily check files.

You’ll receive full onboarding support and training.

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Positive Pay 

Secure Your Business with Positive Pay – Get Started Today

Start leveraging the power of a positive pay account to protect your business against fraud and improve financial control. Contact us today or visit any of our branch locations.

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What is Positive Pay, and How Does it Work?

Positive Pay is a fraud prevention service that verifies checks against a list provided by your business. Only matching checks are cleared for payment.

How Does Positive Pay Work?

You send a daily file of issued checks to the bank. When checks are presented, the system cross-verifies them and flags any mismatches as exceptions.

What is the Difference Between Positive Pay and Reverse Positive Pay?

Positive Pay is proactive; the bank verifies checks against your list. Reverse Positive Pay is reactive; you review daily activity and notify the bank of discrepancies.<

Is Positive Pay mandatory?

No. It's optional but strongly recommended for any business writing physical checks or exposed to ACH debit risk.

Consumers Bank

Consumers Bank

Consumers Bank

Consumers Bank

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