Financial losses from check or ACH fraud can substantially impact your business's bottom line. The most effective solution to protect your business is to prevent fraudulent activities before they occur. Take control of your business’s financial security with Positive Pay, powered by Seacoast Bank.
Seacoast Banks Positive Pay Solutions are designed to assist you in protecting your business from check and ACH fraud by giving you the control to block unauthorized transactions from posting to your account.
Enhanced Fraud Protection – helps stop unauthorized transactions from clearing your account with improved control, and protection against payee alteration.
Improved Operational Efficiency – enables account reconciliation and easy integration into payables systems.
Reduced Expenses – saves money by limiting potential losses and legal fees with timely return of unauthorized items.
Business provides data file of check information.
Bank’s Positive Pay system compares the data with presented checks.
The business account owner approves or rejects flagged items that don’t match the provided check information.
Learn How Seacoast Can Safeguard Your Business. Contact a Seacoast Representative to Learn More.
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Our suite of Positive Pay Solutions offer a range of customized options to help businesses mitigate fraud and reduce financial losses associated with electronic and check payments. Tailored to your business needs so you can stay ahead of potential threats and focus on achieving your business objectives.
Check Positive Pay
A web-based tool that can help you combat check fraud and forgery by matching the checks presented for payment against check issue detail provided by your company.
Teller Line Positive Pay
Identifies potentially fraudulent, altered, or counterfeit check items presented at branches by comparing them in real-time with the check register file.
Payee Positive Pay
Allows customers to include the payee name information in the check register file. Checks information is compared to file to confirm authenticity.
Reverse Positive Pay
A paper-based fraud mitigation solution for detecting fraudulent, altered, or counterfeit checks by posting a daily report of presented items to online banking.
ACH Positive Pay
A web-based module accessible through online banking, enabling you to establish rules for filtering ACH debits and credits presented to your accounts.
ACH Block Positive Pay
Prevents all ACH activity from posting to an account.