Positive Pay for Business Memberships
Monthly Fee per Enrolled Business Checking Account - $15/Month
If your credit union is working with business memberships, the Positive Pay toolkit will provide your credit union with an opportunity to prevent fraudulent activity from posting to a business member’s checking account. This online tool, that is accessible through It’s My Biz, allows the business member to upload the checks they have written, and/or to manually enter the checks they have written. Any other check that attempts to clear (that is not on the Positive pay list for that business checking account…) will kick out as an exception for the business member to review on a daily basis.