Positive Pay

Reduce the risk of check fraud with Positive Pay from Commerce Bank. With this service, you submit an electronic file each day detailing the checks your business issues. As each check is presented for payment, the Positive Pay system electronically compares it to the information in your file. Any discrepancies are flagged and reported through a special email alert and on Commerce Connections, our online cash management system, where you can see an image of the check and make an online "pay/no pay" decision.

Positive Pay services not only help prevent check altering and forgery, they also automate your account reconciliation process. That means you spend less time and money on reconciling accounts, and gain a streamlined approach to check storage and retrieval.

Premium Positive Pay

Take your protection against check fraud to the next level with Premium Positive Pay. This service verifies, not only the amount of each check, but also each check's payee information against an electronic file you provide. You'll be notified of any suspect items through optional alerts and on Commerce Connections so you can make "pay/no pay" decisions.

Reverse Positive Pay

With Reverse Positive Pay, there is no need to create a file of issued checks for the bank. Instead, Commerce provides you with a daily file of paid item activity that you can compare against your database of issued checks. You can also verify endorsements by viewing check images on the Commerce Connections Previous Day Reporting Module.

Interested in learning more?

Contact us about Positive Pay.

Disclosures:

  • To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.