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In addition to providing you with a method of fraud prevention on your account, the positive pay system can also double as a reconciliation tool. As a result of you providing the bank with a list of issued checks, the bank is able to generate month-end reports that can aid with the reconciliation process.
Apart from the primary benefit of reducing check fraud, some institutions offering payee positive pay have added benefits. These include the option to add another layer of review in the form of the payee name, which appears on the check but is not standard to the system.