Stay ahead of fraudulent check transactions
Positive Pay is an important tool and an industry best practice to identify potentially fraudulent transactions before they impact your account. Renasant systematically compares checks presented for payment against your check-issued file. Positive Pay assists you in combating check fraud by providing control over daily check activity.
Stay ahead of fraudulent check transactions
Positive Pay is an important tool and an industry best practice to identify potentially fraudulent transactions before they impact your account. Renasant systematically compares checks presented for payment against your check-issued file. Positive Pay assists you in combating check fraud by providing control over daily check activity.
Positive Pay Features
- Receive notification when checks presented to your account differ from the checks in your check-issued file
- Remain in control with the ability to pay or return any check identified as a discrepancy
- Effective fraud prevention tool
- In addition to the check’s dollar amount, the check’s payee name can also be verified
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Tracey Morant Adams is a Senior Executive Vice President and the Chief Community Development & Corporate Social Responsibility Officer for Renasant Bank.