Enjoy the security of enhanced fraud detection with Positive Pay – a valuable service that gives you more control and accountability on the checks you’ve issued, all while minimizing losses. Positive Pay gives your business that extra security related to check and ACH fraud.
• Protects companies against forged, altered and counterfeit checks
• Verifies that checks processed are funded properly
Enrolling in Positive Pay will allow CNB to match checks, such as a company-issued payroll check, with those presented for payment by a business. As the checks are presented to the bank to be deposited or cashed, the bank compares the information it has on file with each check presented. If the information for any check does not match the file, CNB notifies its business customer.
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