With losses from check fraud reaching well into the billions, fraud control is a major concern for businesses everywhere. With Commerce National Bank's fraud prevention service, Positive Pay, you will have confidence that only the checks you issue will be paid through the check collection system.
Positive Pay puts you in charge of payables by giving you complete control over which checks are paid and which are held for review. Alert notifications will advise you when your exception reports are ready for review.
We also offer REVERSE POSITIVE PAY that can also help battle check fraud. By controlling which checks are paid against your account, you can take an active role in closing the "window of opportunity" for criminals to embezzle your company's funds.