Fraud Detection & Positive Pay

Protect Your Business From Fraud

Fraud presents a challenge for every business. With Banterra's Positive Pay services, you'll be able to monitor your transactions, identify potentially fraudulent activity, and verify everything before it is processed. Whether it's a fraudulent check or fraudulent ACH debit, our services are tailored to protect your business. Contact us or schedule an appointment with our Treasury Management team to discuss the needs of your business.

Check Positive Pay

Positive Pay can reduce your exposure to check fraud arising from counterfeit or altered checks. If a check presented for payment does not match the information from your issued check file, you will be able to view an online report each morning giving you the opportunity to have Banterra pay or return each exception.

Benefits To Your Company

Increased fraud protection: Positive Pay provides an additional layer of security by ensuring that only authorized checks are processed.
Control over whether a discrepant check should be paid: You have the power to decide whether to pay or return checks that do not match your issued check file.
Convenient reporting: Receive daily online reports that allow you to quickly review and address any discrepancies.

ACH Positive Pay

Automated Clearing House (ACH) Positive Pay allows you to decision real-time payments based on an approved or blocked list, providing you the control to decide which payments to accept or reject. The automated dispute resolution capability allows you to return unauthorized ACH debits quickly and efficiently.

Benefits To Your Company

Increased fraud protection: ACH Positive Pay helps safeguard your business against unauthorized ACH transactions.
More control: You can manage and control which ACH transactions are processed, giving you peace of mind.
Peace of mind: Knowing that you have control over your ACH transactions and can quickly address any unauthorized debits provides a sense of security.

Positive Pay FAQs

What is Check Positive Pay?

Positive Pay is a fraud prevention service that helps protect your business from check fraud. You provide Banterra with a list of issued checks, and when a check is presented for payment, it is matched against that list. Any check that doesn’t match is flagged for your review, giving you the ability to decide whether it should be paid or returned.

How does Positive Pay help prevent check fraud?

Positive Pay helps reduce fraud from counterfeit or altered checks. If key details—such as check number, amount, or payee—do not match what you originally issued, the check shows up as an exception. You review these exceptions online and make the final decision before payment is released.

What happens when there is a check exception?

If a check doesn’t match your issued check file, Banterra provides an online report each morning showing all exceptions. You can quickly review the details and choose whether the check should be paid or returned, helping prevent unauthorized payments before funds leave your account.

What is Automated Claering House (ACH) Positive Pay?

ACH Positive Pay is designed to protect your business from unauthorized electronic payments. It allows you to control which ACH debits are allowed or blocked using an approved or blocked list. This gives you greater visibility and control over electronic payments hitting your account.

How does ACH Positive Pay protect my business?

With ACH Positive Pay, you can identify unauthorized ACH debits in real time and take quick action. The automated dispute resolution process allows you to return unauthorized ACH transactions efficiently, helping reduce potential losses and administrative headaches.

Do I have control over which payments are accepted?

Yes. Both Check Positive Pay and ACH Positive Pay give you control. You decide how to handle flagged items, whether that means approving a legitimate payment or returning a potentially fraudulent one before it posts to your account.

Is Positive Pay difficult to manage?

Not at all. Positive Pay is designed to be convenient and easy to use. Daily exception reports are available online, allowing you to quickly review and make decisions without disrupting your regular business operations.

What types of businesses can benefit from Banterra's Positive Pay services?

Positive Pay is especially valuable for small businesses that issue checks or receive ACH debits as part of normal operations. Any business looking to reduce fraud risk, gain more control, and protect cash flow can benefit from Positive Pay services.

What are the main benefits of using Positive Pay with Banterra?

Key benefits include increased fraud protection, greater control over outgoing and incoming payments, convenient reporting, faster resolution of unauthorized ACH debits, and added peace of mind knowing your accounts are actively monitored.

How do I get started with Banterra’s Positive Pay services?

Getting started is easy. Contact Banterra Bank or schedule an appointment with our Treasury Management team to discuss your business needs and determine which Positive Pay solutions are right for you.