What is it?
Positive Pay is a fraud detection tool that Dart Bank now offers that can also prevent fraud from posting to a Business customers’ account. It is a tool that requires you, our customer to review your checks prior to posting. In its simplest form, it is a service that matches the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company.
Who would use it?
If you are our business customer who writes checks on a regular basis, positive pay could help your business. You must have Dart Express Net and have Cash Management. Please give us a call at 517-676-3661 if you think positive pay could benefit your business or stop in and ask your personal banker to assist you.