Protect

Positive Pay; Checks and ACH

Positive Pay helps automatically detect fraud by matching payee, account number, check number and dollar amount of each check presented for payment against a list of checks authorized and issued by your business. All of these components must match exactly or it will be detected as possible fraud.

This powerful tool can also be used in the same way to screen incoming ACH transactions to identify unauthorized debits. Positive Pay allows ACH transactions to be filtered, reviewed and approved or returned ensuring only legitimate transactions post to your account. Customers can also whitelist authorized ACH transactions so only new or unusual entries will appear in their daily exceptions.

Reverse Positive Pay

Review and approve check images before they post to your account.

Reverse Positive Pay allows you to review incoming checks the day before they clear, via a daily report sent securely to your inbox.

• View check images and details in an easy to read PDF
• Notify the Bank if any fraudulent items should be returned; all others will be paid
• No action needed on your part if all items are approved
• There are no files to upload or additional training needed
• Excludes Itasca Bank cashed items.

Read frequently asked questions about Reverse Positive Pay.

Dual Control Security

Strengthen transaction security with multi-user, multi-tiered authorization.

Secure Push Notifications

Stay protected with security alerts and Secure Access Codes delivered to your mobile device.

Wholesale Lockbox

Accelerate cash flow and streamline receivables processing.

Lockbox allows businesses and organizations to streamline receipts. When your customers and business partners write you a check, you need to get those payments into the bank so that you can use the money. Lockbox services make that process more efficient than almost any business can hope for on its own.

Under this service, the payments made by customers are directed to a special post office box, rather than going to your company. The Bank will then go to the box, retrieve the payments, process them and deposit the funds directly into your company's bank account.

As benefits go, Lockbox banking provides your company with a very efficient way of depositing customer payments. This is especially beneficial if your company is unable to deposit checks on a timely basis. Let us do the work for you.