Account Tools to Mitigate Fraud Accent Photo

Account Tools to Mitigate Fraud

The impact of check fraud can be hard on any business. With millions of checks clearing through payment systems each day, businesses don’t have the time or resources to inspect each one – and yet, it’s a threat that cannot be ignored.

ERIEBANK has the answer. Introducing Positive Pay Plus – the powerful, proven solution to combating check fraud. As an early warning fraud detection system, Positive Pay Plus arms your business with the information needed to stop check and ACH fraud before it becomes a loss. Positive Pay Plus allows you to electronically share your check register for all written checks with ERIEBANK. We will only pay the checks listed on the register – with the precise specifications that you indicate – such as amount, serial number, etc.

Special Features

  • Reduces fraud – We only process what you tell us to, so fraudulent checks can be reviewed and rejected
  • Saves time and money – Reduces labor associated with manual check prevention measures
  • Convenient reminders – Get notices via email and/or texts when an item needs to be reviewed prior to being paid
  • Puts YOU in control – Provides more accuracy and greater control over your cash flow
  • Offers quick and easy access – Issue checks and ACH transaction and approve Positive Pay Plus exception items from virtually anywhere through Internet access

 

Want to learn more? For more information about Positive Pay, contact your business banking specialist at ERIEBANK, by calling 716-462-5500.

Contact Us Today!

For specific questions about our Treasury services, email John VanTassel, our Treasury Services Officer at John.VanTassel@ERIEBANK.bank

Find a Branch to Open an Account

 

(Please be aware that the email you are sending is not secure. Please do not include sensitive information, such as your account information, social security number, PIN or password.)

You are now leaving the official website of ERIEBANK, a Division of CNB Financial. ERIEBANK does not provide, and is not responsible for the products, services, or content on any third-party sites. Additionally the linked site may have a privacy policy and security practices that differ from the websites managed by ERIEBANK. Please be advised that links to 3rd party sites are provided as a convenience and ERIEBANK is not responsible for your use or any transactions completed on the hyperlinked site.