Protect Your Business Account From Unauthorized Transactions.

Positive Pay

Positive Pay is designed to help your business prevent fraud by verifying checks that are written and pays only those that you have authorized.

Meet Our Team

Connect with one of our Treasury Management Representatives to learn more about how we can help you with your financial future.

Treasury Service Representatives

Financial Security

Financial threats are constantly evolving. That's why it's crucial to combine good treasury management services with strong fraud prevention.

Key Roles in Fraud Prevention

6 Banking Services

Help your startup business get off the ground. In this guide, you’ll learn about six banking services and how each can help support your financial success.

Business-Specific Financial Services

Discover how one business protected their business from unauthorized transactions.

Curious how a business stopped fraud before it hit their account? Our latest case study shows how Positive Pay from Northwest Bank provided unmatched protection for Okoboji Wellness dealing with unauthorized checks. With daily file uploads, real-time exceptions reports, and proactive alerts, the business reclaimed financial control—shutting down fraud attempts before any money left the account. Ready to see how your organization can benefit? Dive in and discover a smarter, safer approach to treasury management.

Positive Pay Okoboji Wellness Case Study

Positive Pay from Northwest Bank allows you to protect your business account from unauthorized transactions.

Preventing fraud and minimizing losses is a top issue many businesses are addressing today. Positive Pay is designed to

help your business prevent fraud by verifying checks that are written and pays only those that you have authorized.

With Positive Pay, you can take control of your business banking account and monitor checks and ACH Debits presented for potential fraud.

Get started and discover all the benefits of Positive Pay. We are here to help. We will come to your location and walk you through the process step by step and as well as have product demonstration videos to show you how Positive Pay can help protect your business from fraudulent payments.

Contact a Treasury Management Representative

Why should my business use Positive Pay?

Running a small business isn’t easy. Simplify your work with Northwest Bank treasury services and be more productive. Our treasury services help you manage day-to-day cash flow, payroll, vendor payments and more, so you can keep your business running more efficiently.

Reduces fraud | We only process the checks you tell us to, fraudulent checks are rejected.
Saves time and money | Reduces labor associated with manual check prevention measures.
Provides convenience | Eliminates the need for you to inspect and review checks for potential fraud issues.
Puts you in control | Provides more accuracy and greater control over your cash flow.

Hear From Our Customers...

"We have been on Positive Pay for only a couple of months, and we have already seen the benefits it can provide. We were able to stop a stale dated check well past the 90-day limitation from being cashed and provide a copy to the policy holder that the reissued check was cashed by them."

“Someone was writing fake checks, acting as our business, which was very concerning. We talked with Northwest Bank and decided to start using Positive Pay. Basically, the feature gives me a notification where I can approve every check that comes in and out of our business. That has given me peace of mind as a business owner.”

Get started today

Check out the Benefits of Positive Pay

Peace of mind knowing your business is protected from Check and ACH fraud with one of the most effective anti-fraud tools available.
Reduce exposure to check and ACH fraud.
Stop loss of funds.
Block unauthorized checks and debits from posting to your account.

How does Positive Pay Work?

Your business would transmit a file of issued checks to Northwest Bank each day checks are written.

Northwest Bank compares the check file to the checks that are presented for payment.

In the event of an exception, the business is notified to verify check authenticity. The system helps make sure that only the

checks you issue are paid.

Check Positive Pay

At the end of each business day, your company electronically submits an issued check file within Business Online.
Each night after posting the incoming checks, Northwest Bank compares the checks against your issued check file.
If a check is found that does not match the issued check information or has already been marked as "paid," it will be listed on an "exception report."
The Bank will notify you via email that you have an exception item to review. Let us know if any of these items are fraudulent or inaccurate in a timely manner, and we will quickly correct or return the checks to the bank of first deposit.

ACH Positive Pay

For ACH debits and credits, your business creates and manages an approved vendor list.
If an ACH transaction received is not on the approved vendor list, Northwest Bank will notify you in the form of an email and it will be listed on the "exception report".
Upon receipt of the email, simply login to ACH Positive Pay through Business Online to accept or reject the item.
If accepted, you can then add that vendor to your approved vendor list.