Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

ACH Positive Pay


If you are a business owner, you should spend your time worrying about growing a successful business, not worrying about fraudulent transactions. That’s where ACH Positive Pay comes in. What is ACH Positive Pay? We’re glad you asked.

What is ACH Positive Pay?

ACH Positive Pay helps guard your business against unauthorized electronic activity. ACH stands for Automated Clearing House, which is a network that processes electronic payments. There are multiple benefits to using ACH Positive pay, such as:

  • Payments are credited to your account so you won’t need to take checks to the bank
  • ACH processing typically comes with fewer errors than collecting and depositing paper checks
  • You can automate attempts to collect bad checks, so you won’t have to deal with the same check twice

ACH Positive Pay at First Bank

First Bank provides ACH Positive Pay that allows business to collect payments from their customers, make payments to their vendors, and deposit payroll funds into their employees’ bank accounts. We can provide full ACH Positive Pay, which means any transaction that does not meet your requirements would require your approval. Or we will send you an email each time an ACH transaction posts to your account.

ACH Positive Pay is very user-friendly. Instead of having to go online to approve a payment or transaction, the system will call your phone and all you have to do is enter an authorization code to approve the payment. You’ll no longer have to go to the post office to mail checks, which will save you time and money.

If your company has experienced check fraud loss and wants to reduce exposure to fraudulent transactions, First Bank’s ACH Positive Pay could be a smart investment for your company.

Visit Your Local First Bank Today

To learn more about ACH Positive Pay or see a demo of how it works, visit a First Bank branch near you.

———

Sources:

NACHA: https://www.nacha.org/news/what-ach-quick-facts-about-automated-clearing-house-ach-network

Trending Topics
Bank Owned Homes – Find Bank Owned Homes for Sale in Your Area If you’re in the market for a great deal on a home, a bank-owned home could be just the thing for you! With First Bank, you can easily search through a… First Bank One Rewards Program: Learn More There are a lot of advantages to being a First Bank debit or credit card holder, but the First Bank One Rewards Program is the most beneficial to you. By simply using your… How to Get a Personal Loan – North Carolina Combing the internet trying to find out how to get a personal loan in North Carolina? Call off the search and visit one of First Bank’s North Carolina locations to meet… Online Money Hacks – First Bank If you are active on social media, you’ve probably tried a “life hack” at some point. Life hacks are little things you can do to make your life easier. For… Lumberton Bank (Bank in Lumberton) The city of Lumberton, North Carolina, only takes up about 15.8 square miles of land, but within that area there are plenty of shops, restaurants, entertainment, and banks for residents to… Lowest Mortgage Rates – Jacksonville, NC If you are looking for some of the lowest mortgage rates in Jacksonville, NC, your local First Bank can help. Now is a great time to buy a home in… Small Business Loans – Florence, SC With a rising population and a per capita income higher than the state average, Florence, South Carolina, is a promising place for new businesses. First Bank has two locations in… Asheville Savings First Bank in Asheville offers savings accounts for anyone looking to get the most out of their money. Whether you’re under 18 and just starting to learn about saving or… Best Checking Accounts – Florence, SC If you're looking for the best checking accounts in Florence, SC, you have a lot of different options. At First Bank of South Carolina, we have two convenient locations in Florence… Balance Transfer Calculator If your current credit card isn’t meeting all of your needs, consider switching to a First Bank credit card. First Bank now offers the option to transfer your balance from…