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Today's financial environment places great risk on financial intermediaries such as exchange companies charged with fiduciary responsibility for handling funds. Guaranty Bank's Positive Pay product helps ensure that only checks issued by your company will clear the bank, reducing the risk of fraudulent check writing.
- Helps reduce potential losses due to fraud by identifying suspect checks
- Accomplishes daily reconcilement in an efficient manner
- Improves audit control
- Reduces the amount of staff time devoted to account reconciliation
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