The Positive Pay file is usually associated with a fee from your bank to provide the service, but it absolutely protects you from check fraud. The file is automatically created and all you do is send it to your bank via whatever method they require. PrintBoss, as your check printing software, will automatically create a Positive Pay file to the specifications required by your bank. HomeBank is perfect for getting started with budgeting and financial software, for it is developed on the fundamentals and ease of budgeting. The problem is how to send your bank the check clearing information. ![]() When the check is being cleared, the bank tests these fields on the check against the information you provided to the bank and if any field does not match, the check is not cleared. For every check run, you tell your bank the payee, check amount, check date, and check number of each check printed. ![]() ![]() This feature is called Positive Pay and it is the only check security feature that is impenetrable because it includes direct communication between you and your bank. Your bank can help you create the most effective check security feature available and PrintBoss makes this bank sponsored feature easier to use.
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