What does ACH Positive Pay with Huntington Bank? ACH Positive Pay is an online fraud mitigation service which allows you to manage ACH debits and credits posting to your business account via filters and blocks. These services will help you feel secure about the money coming out of your accounts, identifying unauthorized transactions before the final payment happens.
You can also view all images of checks before deciding which item to pay for. Huntington Bank extends their reassurance towards insurance as well. protection plans can help provide protection for you, your family, your employees and your business. That means Preserving your Assets & Wealth as well as your Investment Management & Trust.
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What is ACH Positive Pay?
ACH Positive Pay is an online fraud mitigation service which allows you to manage ACH debits and credits posting to your business account via filters and blocks.
How Does it Work?
Upon setup, you will be trained to establish specific filters and global blocks on your account.
- ACH Transaction Filters. Simply specify which ACH debit entries should be allowed to post. This can prevent unauthorized transactions while allowing certain transactions to occur as expected.
- ACH Transaction Block. Prevent all ACH activity from posting to an account. This can prevent unauthorized electronic transactions from occurring on your account. You may add, modify or delete authorization records using Business Online in a real-time environment.
- Alerts & Information Reporting. Email alerts inform you of ACH activity affecting your account including the status of ACH transmissions.
Conclusion
Your transaction volume and what comes in and out of your account is widely significant, which is why you need to take the extra step in fraud protection, designed to make it easier to monitor your payments and stay one step ahead of threats to your financing. With Huntington Bank, they have integrated ACH Positive Pay suitable for detecting fraud during a ACH Pay.
These services prevent unauthorized transactions, prevent all ACH activity from posting to an account, email alerts inform you of ACH activity affecting your account including the status of ACH transmissions. Go ahead and check out our list of Huntington Bank Promotions right here on BankCheckingSavings.com!
