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The world's local bank
The world's local bank
Positive Pay helps your company identify fraudulently issued or altered cheques. A comparison is performed (based on cheque serial number and amount) between cheques being cleared through your designated Positive Pay account and the Issued Cheque File information provided by you to HSBC electronically.
Key Benefits and Features
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Helps reduce fraud
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Improves cash management, regardless of the size of your company
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Reduces the administration associated with fraudulent cheques
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A secure online environment to upload Issued Cheque File information and download reports
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Ability to send the Issued Cheque File information, whenever you issue cheques at your company
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Downloadable exception reports, allowing you to review unmatched items and make "no pay" decisions
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Toll-free telephone help desk
