Your business account will be protected by Positive Pay, an anti-fraud check solution that can be added to help you track and confirm payment of all issued checks.
Document checks - Use Online Banking to enter information of recently issued checks (recipient, check number and amount).
Cross-reference checks - Bank of Luxemburg validates all presented checks against entered issued items.
Detect fraud - Any checks presented for payment that have not been issued or do not match issued items, are reported in your Online Banking account.
Evaluate activity - Review and notate final decisions on all reported items in your Online Banking account.