Check Positive Pay is called Positive Pay at UMB.
Most Check Positive Pay customers transitioned to Positive Pay. However, UMB offers three Positive Pay solutions for businesses:
- Positive Pay: Positive pay is a fraud detection service that reviews check transactions to help ensure authenticity and accuracy. This feature helps identify check information that doesn’t match the issue information, marking those payments as exception to be reviewed and authorized.
- Payee Positive Pay: Payee positive pay is an enhancement to our standard positive pay service that validates the payee name on presented items when the payee name is included in the check issue file. This added layer of detail can also help deter fraud and manage your check processing and authentication.
- Reverse Positive Pay: Reverse positive pay is an option for businesses that do not have high check transaction volume, cannot provide check issue files, or that prefer more control over their check reviews. For this service, reviews of check issues are completed by your company and you notify UMB of any exceptions.
Exception decisioning cutoff time is 3 p.m. CT.
Positive Pay services are available to access through a single sign on (SSO) within Premier Business Online Banking.
If you submit issue files via SFTP, you will have new file transfer destinations, which are provided in the online resource center.
Review our Positive Pay resources, including video demos and user guides.
