Business person filling out a check near a computer keyboard

Positive Pay

Protect Your Business with Positive Pay from U.S. Century Bank

Check fraud is on the rise and a significant concern for businesses of all sizes. At U.S. Century Bank, we safeguard your business's financial health with Positive Pay, one of the most effective automated check fraud prevention programs available. As a U.S. Century Bank customer, you'll have access to a comprehensive suite of secure Treasury Management Services, including Check Positive Pay and ACH Filters/Blocks, to protect your business against financial fraud while streamlining your financial management processes.

What is Positive Pay?
 
Positive Pay is an automated fraud prevention service that detects and prevents check fraud by meticulously matching the details of checks presented for payment against a list of checks your company has authorized. By flagging discrepancies for review, it significantly reduces the risk of fraudulent checks being processed.

While any business issuing and receiving a high volume of checks can benefit, small businesses, in particular, gain an extra layer of security and ease in financial management, making Positive Pay especially advantageous for busy small business owners.

How Positive Pay Works

Step 1: Issue Checks
Begin by issuing and distributing checks to your vendors and suppliers.
Step 2: Upload Check Data
Record the check details — such as date, check number, and amount — into our online cash management check register. You can enter this information manually or through a quick and easy file upload.
Step 3: Check Validation
When a check is presented for payment, our system matches its details against your provided data. Any inconsistent information, or exceptions, will be flagged for your review.
Step 4: Review Exceptions
For flagged checks, you'll receive an account notification. Log in to your online cash management account, review the exceptions, and take appropriate action—such as instructing the bank to return a fraudulent check.
Cash Management platform screenshot
 
Visit our Smart Money Blog
 
Learn more about how you can shield your business from check fraud by visiting our Smart Money blog. Together, we can ensure your business operations are smooth and safeguarded against financial threats.

U.S. Century Bank — Your Partner in Financial Security.













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