Account Reconciliation Positive Pay
- More control
- More accuracy
- More confidentiality when reconciling accounts
- Reduced paperwork
- Detailed and timely record of account transactions to help you manage your business more efficiently
- Reduces the risk of fraud, regardless of the number of checks you issue
- This client-maintained check verification service streamlines the check reconciliation process and improves security
Submit a file containing the checks issued or voided from your account via a secured website. As items are paid against the account, you can review exception items to determine if you want to pay checks or return them.
*Requires separate application or agreement. For further information, please contact the NYCB Cash Management Department at (877) 353-7631. Offer may be withdrawn at the discretion of the bank at any time.