POSITIVE PAY SERVICES
Positive Pay provides businesses a simple way to monitor all checks clearing their accounts to avoid any fraudulent check activity. AnchorBank’s online check reconciliation service is a cost-effective and simple tool a business can use to protect itself from unauthorized transactions.
Business customers can manually enter their issued items or import a file into the reconciliation system. The system reports any exceptions on the next business day and allows the user to view the items before submitting their decision regarding proper exception handling to AnchorBank.
For additional information, contact an AnchorBank Cash Management Specialist at 1-800-25 ANCHOR (252-6246) ext. 4104 or 608-259-4104.