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Positive Pay
Account Reconciliation
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Positive Pay
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Positive Pay
Positive Pay is the most sophisticated of all account reconciliation services. It is a process through which the customer and Bank of Texas work together to detect check fraud by identifying items presented for payment which the customer did not issue. The basic service is a function of the Full Reconciliation service, so the only charge to a subscribing customer is for returning unmatched items as directed by you.
Benefits
Inexpensive compared to potential losses from fraud
Allows intervention by management regarding questionable checks
Improves reconciliation process by detecting errors prior to month-end
Multiple levels of security
Contact us
to learn more about preventing check fraud.
Bank of Texas, N.A. Member FDIC.
Equal Housing Lender
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