Positive Pay
Protect your business with positive pay anti-fraud solution. A powerful tool to help monitor and confirm every check issued from your account:
- Record Issued Checks: Log the account number, check number, and check amount of each issued check via your online banking account.
- Verification Process: Bank of Luxemburg will match all presented checks against your recorded check data to confirm authenticity. (account number, check number and check amount)
- Spot Fraudulent Activity: Receive alerts for any checks that don’t match the issued details or duplicate checks trying to clear your account.
- Monitor and Decide: You can easily review and decide on the next steps for each flagged item directly in your online banking system. So you can take immediate action.
Additional fees and restrictions may apply.