Treasury Management Services
Reverse Positive Pay
How it works
- You receive a list of paid checks from Compass each business day.
- You perform a daily match of paid checks to your check register (list of issued checks).
- You notify Compass by the decision deadline of which items to "pay" and which items to "return.
- Compass processes the item per your instructions.
Compass Bank's default is to pay the item if we do not receive your instructions by the decision deadline.