It’s no longer a question of if, but when…
Fraud is on the rise. Protect your business now! FINCEN reports exponential increases year after year. Community banks and their business customers are a preferred and growing target because they under-utilize services to protect themselves.
Fortunately, CB&S Bank is committed to providing businesses with a comprehensive suite of fraud protection services, including:
- POSITIVE PAY – Let us know in advance certain details about the checks you issue, and we will show you any checks presented inconsistent with those details. You will decide whether to have us pay them or return them.
- REVERSE POSITIVE PAY – Maybe you would just prefer to see every check presented against your account without any advance notification to the Bank. We can do that too. Review the images and let us know if any should be returned as fraudulent.
- ACH POSITIVE PAY – And it’s not just checks that are at risk. ACH fraud is also on the rise. With ACH Positive Pay, we will let you know when any electronic transaction that you haven’t pre-authorized attempts to clear your account. As with checks, let us know which are valid and payable and which should be returned.
It’s that easy. Mitigate your risk. Protect the business you work so tirelessly to grow.
Contact your CB&S Banker or Treasury Management Sales Consultant today for assistance with any of these solutions.