Positive Pay allows you to submit an electronic file each day detailing the checks your business issues. As each check is presented for payment, the Positive Pay system electronically compares it to the information in your file. Any discrepancies are flagged and reported through a special email alert and on Bank7 Business Online Banking, our online Treasury Management system, where you can see an image of the check and make an online “pay/no pay” decision.
View online banking demos, learn about how to prevent identity theft, get the details on CDARS or FDIC insurance.
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