Positive Pay
Significantly reduce your overall exposure to check forgery and fraud.  Learn more

ACH and Wire Transfers
Improve timing of your disbursements while gaining operational efficiencies.  Learn more

Target Balance Accounts
Simplify the management of multiple checking accounts through a Target Balance Account (TBA) structure.  Learn more

Automated Sweep Accounts
Enhance the benefit of your collection and disbursement solutions by utilizing Automated Sweep Accounts.  Learn more

Positive Pay

In its simplest form, Positive Pay is a service that matches the check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued.  When a check is presented that does not have a "match" in the file, It becomes an "exception item".  To ensure an accurate and timely matching process, Positive Pay requires you to send a file of issued checks to the bank each day checks are written.  Benefits include:

• Helps detect check fraud by electronically matching checks cleared to checks issued
• Provides timely notification of exception items through Internet banking platform
• Allows you to make a pay/no pay decision on all exception items
• Significantly reduces your overall exposure to check forgery and fraud

ACH and Wire Transfers

Manage the timing of your disbursements through electronic transactions, namely ACH and Wire Transfers.  You control the timing of these payments while gaining operational efficiencies.  Benefits include:

• Simplifies the timing of disbursement activity
• Provides more timely transaction reporting
• Improves cash forecasting
• Automates a traditional manual process through Internet banking platform

Target Balance Accounts

Simplify the management of multiple checking accounts through a Target Balance Account (TBA) structure.  Benefits include:

• Links one or more checking accounts together
• Automatically transfers funds between TBA subsidiary account(s) and main/parent account based on a pre-determined balance threshold
• Eliminates idle balances
• Ideal for payroll, payables, and other disbursement accounts