ACH Positive Pay
You work too hard to let fraud take time and money away from your business. American Bank & Trust has got your back with ACH Positive Pay.
ACH Positive Pay helps combat fraud associated with incoming electronic debits and/or credits to your business checking account.
How Does ACH Positive Pay Work?
Once activated on your account, your business establishes the list of approved vendors, along with the flexibility of adding expiration dates and filters that cap the amount of money that can be paid to any one vendor. Any transaction that occurs outside of your approved vendors generates an alert to designated employees so you can decide whether to approve or deny the transaction. Adding new vendors to the approved list is easily done as part of the transaction review process.
You Control the Level of Security
ACH Transaction Block
Prevent all ACH activity from posting to an account. This can prevent unauthorized electronic transactions from occurring on your account.
ACH Transaction Filters
Specify which ACH transaction entries should be allowed to post. You may add, modify, or delete authorization records using our online portal in a real-time environment.
Our payment and fraud mitigation tools were developed to make it easier for you to monitor your account activity efficiently and stay ahead of threats to your business’s finances.
Explore Additional Fraud Mitigation Tools
Check Positive Pay
Check Positive Pay is a paper-based fraud mitigation solution providing detection of fraudulent, altered, or counterfeit checks through a verification of checks presented for payment against the your check register.
Wire Block
If you don’t need to originate wires, eliminate the risk of wire fraud by blocking wire debits from posting to your business account.
Check Block
Check Block eliminates the risk of check fraud by restricting your checking account to electronic activity. All paper-based transactions are automatically rejected and returned, which stops all checks from posting to the designated account.
Reverse Positive Pay
Reverse Positive Pay is a paper-based fraud mitigation solution for detecting fraudulent, altered, or counterfeit checks by posting a daily report of presented items (excludes AB&T Branch Cashed items) to Business Online.
Contact Our Treasury Services Team
Your Treasury Service needs are more complex than ever before. Our team of experts live at the intersection of “what if and why not?” and can help you eliminate pain points to transform your cash management into a bottom-line enhancing machine. For all the services and technology you expect, plus all the insight that goes above and beyond, we’re ready to build a relationship that creates value for you.
