Payee Positive Pay

Let us help protect your organization against the risk of check fraud with our Payee Positive Pay service.

Combine with Account Reconciliation Service >

M&T Bank’s Payee Positive Pay service is provided subject to M&T Bank’s standard Master Treasury Management Services Agreement and Treasury Management Services Product Terms and Conditions for that service.

Working to Help Prevent Check Fraud

For years, check fraud and forgery were committed by technically sophisticated and artistically talented criminals. Today, with more powerful and user-friendly computer technology and high-quality printing equipment, the tools needed to put a fraudulent check scheme in motion are easily accessible. 

With M&T Bank's Payee Positive Pay service, you can help protect your organization against the threat of fraudulent, altered and counterfeit checks.

Reducing Risk

For additional fraud protection, our Payee Positive Pay service can be used in conjunction with our Account Reconciliation. 

How It Works

Provide M&T with an electronic file of check information including check number, dollar amount and payee name(s). M&T will compare checks that are presented for payment against your check issue file. We'll notify you of any suspicious items that do not match what is listed in your issue file. This enables you to review and return fraudulent checks early in the payment process. 

Additional Check Fraud Prevention Services

Contact us to learn more about services that can help protect you from check fraud, including:

  • Positive Pay
  • Maximum Dollar Protection
  • Stale Date Protection
  • Check Block

Ready to enroll?

To find out more, and to enroll in Payee Positive Pay, please call 1-800-724-2240 to speak to one of our Commercial Service Team Representatives, M-F, 8:00am – 6:00pm ET, or contact your M&T Relationship Manager.

Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for details.