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.
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Document checks - Use Online Banking to enter information of recently issued checks (recipient, check number and amount).
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Cross-reference checks - Bank of Luxemburg validates all presented checks against entered issued items.
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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.
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Evaluate activity - Review and notate final decisions on all reported items in your Online Banking account.
