Cytech provides check writing services that are fast, reliable and cost effective. Same day check printing and mailing available. We specialize in high volume check writing for refunds, 1099 payments, class action payments and more.
What is Positive Pay?
Positive pay is a fraud prevention tool offered by financial institutions to their business customers to prevent unauthorized checks from clearing their bank account. When issuing a check, or a batch of checks, companies submit a positive pay file to their bank or financial institution. If an unissued check is presented, an exception is generated and the account holder notified.
