Citibank
Citibank - Paylocity is capable of ensuring account balance by comparing positive pay files versus checks drawn off the account(s), ensuring bank fraud protection and helping with check reconciliation.
Citibank
Citibank - Positive Pay & Payee Authentication provides even greater control over payments, enabling to monitor and approve checks presented for payments on a daily basis. This substantially decreases the potential for check fraud. This service entails an electronic transmission from the customer to Citibank on each day when checks are issued.
