Help protect your business from check fraud with this simple and effective service that lets you monitor checks presented for payment against your account. When you add Positive Pay to Business Online Banking, you gain the peace of mind that comes with the ability to provide the Bank with electronic lists of checks you have issued. When each check is presented for payment, the system verifies that the check issue date, check number, amount, and payee match the information you have provided. If there is a match, the check is automatically paid. If there is not a match, the check is identified as an exception and presented to you online for a pay or return decision. You can even set up "event alerts" so that you are notified via email or upon login to Business Online Banking that you have exception items requiring a decision.
We understand that you have many things to worry about in managing your business; worrying about check fraud losses should not be one of them.
To learn more or to enroll in Positive Pay, visit a local Burke & Herbert Bank branch, or call us at 703-684-1655 and ask to speak with a Business Banking Officer.