Check fraud is a major financial crime that continues to grow every year. 

Use of Positive Pay can dramatically reduce your chances of fraud loss. 

What is Positive Pay?

Positive Pay is an automated fraud detection tool offered through Dieterich Bank's Cash Management system. This service matches the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by your company. All three components of the check must match exactly or it will not pay.

How does Positive Pay work?

Positive Pay requires your company to send (transmit) a file of issued checks to the bank each day checks are written. When those issued checks are presented for payment at the Bank, they are compared electronically against the list of transmitted checks. The check-issue file sent to the bank contains the check number, account number, issue date, and dollar amount.

When a check is presented that does not have a "match" in the file, it becomes an "exception item". Your business would review the image and instruct the Bank to pay or return the check.

How do I enroll my company in Positive Pay?

In order to add Positive Pay to your Cash Management Account, please contact one of our Treasury Management Officers. 

Our Treasury Management Officers

Dave Brown
Treasury Management Officer
Jen Shaw
Treasury Management Officer
(618) 416-9932