Positive Pay
Prevent fraud and potential losses through early detection of unauthorized check payments and Automated Clearing House (ACH) transactions with California Bank & Trust (CB&T) Positive Pay.
Electronic payments are becoming more widely used, and with the increased usage comes an increase in the incidences of fraud. CB&T Positive Pay service helps protect your accounts from unauthorized electronic debits and is an inexpensive and simple way to manage your inventory of acceptable ones.
CB&T's Positive Pay also assists with controlling check fraud by displaying images of exception check payments being presented for payment and allows for payment/return decisions to be made online.
- Simple, inexpensive tool to prevent unauthorized electronic transactions and manage your inventory of acceptable ones.
- Offers flexibility for using your own ACH filters to accept or reject items and manage risk more accurately. Add, edit, or delete filters at any time according to your needs.
- Get up to speed quickly with an intuitive interface that's easy to use and navigate without extensive training.
An excellent way to control check fraud:
- Your "check issue" file is matched against checks presented to identify discrepancies or suspect checks.
- Reduce check fraud by viewing front and back of exception items to quickly and easily make payment/return decisions online through, our Internet cash management service.
Additional Benefits of CB&T Positive Pay:
Improved Control and Security for your account: You have the option to approve payments and to return unauthorized transactions.
Lower Costs: Timely return of unauthorized transactions saves you many times the cost of the service in potential losses and legal fees.
Easy to Use: The screens and menus are intuitive and easy to navigate. You can operate the system with very little training.
Filter Management: Companies can edit or delete existing ACH filters and add new ones.
Streamlined User Maintenance: The Administration Module allows you to retain control and manage users and permissions within your company. You do not have to wait for the Bank to update user profiles, or audit activity reports. Instead, you can assign an employee with authority to perform these tasks.
Security: The online session is protected by Secure Socket Layer (SSL) 128-bit encryptions.
Email Notification: We can send notifications to one or more email addresses when daily exception items are available for review.
Consumer
