Positive Pay

Monitoring and combating fraudulent activity in your accounts requires advanced risk management tools, including efficient positive pay software.  Use our quick and easy Positive Pay Solution. 

How it Works

• Upload electronic files of issued checks to First Independence Bank’s Business Online
• Checks presented for payment are electronically compared to uploaded files
• Information regarding exception items is e-mailed to designated company representatives putting the decision to pay or return the item in your hands

Benefits

• Increases security against check fraud and reduces the risk of financial loss
• Timely access to your exception items
• Convenient email notifications of unauthorized transactions
• Save time by reviewing only exceptions through Business Online
• Simplify account reconciliation

Have questions? We’re available to serve you. Contact a Treasury Management team member today (313) 256-8400, or Email Us to request information.