FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Check fraud is a major threat to your business, and many businesses don’t realize you only have 24 hours to return a fraudulent check by traditional means. This fraud can result in losses to the business and force you to open new checking accounts and contact all your vendors with your updated account information. Positive Pay is the solution that protects your business against losses and keeps you running with minimal impact.
With Positive Pay, you will be able to upload through online banking individual or bulk files containing information on issued checks such as:
Every item that clears the bank is checked against this list. If an item attempts to post to your account that does not match, you will receive a notification and be given an opportunity to return the item. ApReprove or return items at the click of a button, accessible through both traditional web online banking and through our F&M Mobile+ app. We put the control back in your hands so you can protect yourself against check fraud.
Available as an add-on to Commerical Online Banking for $40.00 per month.
A service offered exclusively for business customers; Remote Deposit Capture allows you to make check deposits electronically from any desktop. All you need is a small desktop scanner, a PC, an internet connection, and F&M Bank’s Remote Deposit Capture software! Remote Deposit Capture scans the paper checks and electronically sends the images to F&M Bank. It automates the process of creating deposit tickets and the time and cost associated with transporting deposits.
Does your business have…
If you answered YES to any of the above questions, then Remote Deposit Capture just might be for you!
Key advantages of F&M Bank’s Remote Deposit Capture include:
Remote Deposit Capture is available as an add-on to Commercial Online Banking.