Positive Pay
Positive Pay is the most sophisticated of all account reconciliation services. It is a process through which the customer and BOK work together to detect check fraud by identifying items presented for payment which the customer did not issue. The basic service is a function of the Full Reconciliation service, so the only charge to a subscribing customer is for returning unmatched items as directed by you.
Benefits
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Inexpensive compared to potential losses from fraud
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Allows intervention by management regarding questionable checks
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Improves reconciliation process by detecting errors prior to month-end
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Multiple levels of security
Contact us to learn more about preventing check fraud.
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No Hassle Loan Payments |
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>> Ensure the accuracy of your loan payment. Click here to learn how. |
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Let Us Help Your Business |
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>> Looking for an easier, more efficient 401(k) plan for your business. Find out more. |
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