Check and ACH fraud are some of the greatest challenges facing businesses and financial institutions today. Bank of Tennessee can help protect you from this costly crime.
- Online Cash Management provides the customer easy access to review and decision suspect items including a hyperlink to view an image of the check presented for payment
- Issued checks and ACH items are uploaded through Online Cash Management
- Checks and ACH items presented for payment each day are compared against the issued items and only those that match will be paid
- Items without a match are flagged as suspect and presented to the customer online for a pay decision
Positive Pay from Bank of Tennessee can help protect your business through improved control and security, increased efficiency and lowered costs. Contact your Relationship Manager for more information.