Positive Pay & ACH Positive Pay

Positive Pay

Positive Pay can drastically reduce fraud on accounts with large volumes of checks. The customer sends a computer file to the bank with check numbers and amounts. The bank then matches this list with the checks that are posting to the account. If a check does not match either in number or amount, or if that check number has already posted to the account, then an exception report is generated. The customer reviews the exception report and notifies the bank to either pay or return the check. The customer can also upload a file of cleared checks, eliminating the need for manual account reconciliation.

ACH Positive Pay

ACH Positive Pay allows you to limit the ACH debits to your account from only approved vendors, and only in amounts approved by you.

For additional information, please contact a member of our Commercial Department at (785) 295-2100, or at one of the following e-mail addresses:

Mark Kossler – mkossler@fidelitytopeka.com – (785) 290-2060

Craig Cook – ccook@fidelitytopeka.com – (785) 290-2057

Lonnie Wild – lwild@fidelitytopeka.com – (785) 290-2055