At CapStar we value your privacy. For more information about our security, click here.Passport Protect Positive Pay
Check fraud is a growing problem with an estimated one billion dollars worth of fraudulent checks cashed each year. The loss doesn’t just affect the banking system, it affects you, the business owner/operator. Can you afford to take losses due to fraudulent checks? If the answer is no, then CapStar Bank’s Passport Protect Positive Pay Service is what you need to help protect your assets.
Passport Protect Positive Pay enables you, the check issuer, to be informed daily if a check is presented against your account that you did not issue.
Each time you issue checks, you will submit a listing of those checks to CapStar Bank. The bank will then match checks presented on your account to that listing daily. Items that do not match will be considered fraudulent suspects. CapStar Bank will inform you through Passport Internet Banking for Business that you have suspects and allow you to view an image of the item and make a decision to pay or not to pay the check on-line. It is safe, easy, efficient and, best of all, it protects you from losses.
Need more information about Passport Protect Positive Pay? Please contact one of our treasury management professionals at 615.732.6400, visit us at one of our branches or email us at CapStar@CapStarbank.com.
