As your company issues checks, certain information (check number, dollar amount, and payee) is electronically transmitted to Bank First.

When your checks are presented for payment, we compare this information to ensure it matches the check number, dollar amount, and payee.

If the details of the presented check match the information in the check issuance file, the check is considered legitimate, and the payment is processed as usual.

If there is any discrepancy between the presented check and the information in the check issuance file, we will flag the check as an "exception" and alert authorized individuals at your company for further review and a decision.

Decision Handling Guide

Your company provides Bank First with a list of pre-approved ACH transactions that are expected to post to your account. The transactions can include details such as the amount, originator name, and other relevant information.

When incoming ACH transactions are presented for processing, we compare the transactions against the list provided by your company. Only pre-authorized ACH transfers you permit will post to your account.

If an incoming ACH transaction does not match your authorized transaction list, we will notify you of any attempted unauthorized transactions. You then have the option to allow the ACH to post or return the item within the 24-hour time limit to the originating bank. This is called an exception.

Reverse Positive Pay is a simplified version of our ACH and Check Positive Pay services. There is no need to issue a check file or establish a pre-authorized list.

We will alert you whenever a check or ACH debit is presented to your account.

When you access Business Online Banking, you’ll be able to view the check image or ACH debit and choose to approve or reject these transactions.