Protect Your Hard-Earned Capital with Positive Pay
Secure Your Accounts Against Fraud
At State Bank Northwest, we provide full-service banking on a first-name basis—and that includes looking out for your bottom line. As fraud attempts become more sophisticated, your business needs a security partner that stays one step ahead.
Our Positive Pay solutions act as a FREE, digital gatekeeper for your business accounts. Whether you pay vendors by check or electronic transfer, these automated tools ensure that the only money leaving your account is money you authorized.
Check Positive Pay
Check fraud is still one of the biggest threats to business accounts. Check Positive Pay gives you the power to stop it before it happens.
How It Works:
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Upload: When you issue checks, simply upload a list of the check numbers and amounts to our secure business online banking portal.
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Match: We automatically compare every check presented for payment against the list you provided.
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Decide: If a check doesn’t match—due to a wrong amount, unknown payee, or duplicate number—we flag it for your review. You view the check image online and decide whether to 'Pay'or 'Return' it.
Why You Need It:
- Visual Verification: See digital images of flagged checks right on your screen to spot alterations instantly.
- Easy Reconciliation: Access historical data to streamline your account balancing at the end of the month.
Don't wait for fraud to happen. Safeguarding your cash flow is easier than you think.
Ready to get started?
Contact your local branch manager to activate Positive Pay.