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Fraud Protection

The Protection You Need for the Peace of Mind You Deserve.

At Canal Bank, we understand that nothing is more important than the security of your business. And we believe you shouldn’t have to worry about unwanted hackers stealing data, funds, or other important information. After all, you have enough to do! That’s why we offer our business clients security features like Check Positive Pay and ACH Positive Pay. These services will monitor your accounts for suspicious activity and alert you right away if there are any unauthorized transactions. Let our banking specialists help you get the protection and peace of mind you deserve to keep your business moving forward. 

To learn more about how Canal Bank can help protect your business checking account against fraud and theft, contact one of our Banking Specialists today! Please call 800-836-3711, extension 4030, or click the button below to get started.

Three people seated outside, and they are laughingKeep your checking account safe with Positive Pay. Positive Pay guards against fraud and unauthorized activity on your business checking account by matching incoming checks against issued check information uploaded through Business Banker. Review your daily report and decide which transactions to approve or deny.

Benefits

  • Accounts are monitored for fraud and unauthorized activity
  • Choose whether to pay or return suspicious checks
  • 24/7 protection for peace of mind

 

View our online ACH & Check Positive Pay Tutorial

ACH Positive Pay protects your account by monitoring debit activity in real time. You set the criteria to monitor and let us do the rest. With ACH Positive Pay, you can block all debit activity, authorize activity up to a set dollar limit, or authorize activity by vendor information.

Benefits

  • ACH Account monitoring per your set specifications
  • Choose whether to pay or return suspicious ACH Debits
  • 24/7 protection for peace of mind

 



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