How does it work?
- The business uploads a check register of checks issued by them.
- Positive Pay matches the dollar amount of each check, the check number and the account number that is presented for payment against this register.
- If the information does not match, NBM will send an exception report email to you the following day to review the item(s) to pay or to return.
- If no response is provided by you, the item will be returned to payee as ‘refer to maker.’