Check Positive Pay
Increase Your Fraud Protection
Check Positive Pay is a service offered by First Clover Leaf Bank that helps reduce the risk of potential check fraud for withdrawals on your account. Now, there’s no need to worry that unauthorized checks will be cashed. This is how Check Positive Pay works. When you create a check, you’ll produce a data file containing all the identifiable information and then send it to us. We then match your check data to the checks being presented for payment against your account. If a check is received that you did not issue, we’ll catch it before it is paid. Our Treasury Management Team will verify with you whether or not this check should be paid or if it should be returned. Check Positive Pay gives you control over payments released to your vendors. It’s that simple.
Check Positive Pay should be an integral part of your business banking. Ask how to add it to your accounts now.
Unmatched Control Over Your Disbursements
Check Positive Pay is just another way First Clover Leaf Bank offers your business peace of mind. We work hard to stop fraudulent activity so your business can run smoothly and efficiently. Listed below are more benefits of this bank service:
- Strengthen internal control over your funds with payment validation. Our check matching process allows for accurate disbursements of checks with reduced fraud potential.
- Eliminate potential loss of funds due to a counterfeit check.
- Reduce fees and time associated with stop payment issues.
You can depend on First Clover Leaf Bank for secure transactions. Inquire now about Check Positive Pay for your business accounts.
