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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.
A banker earns an average to good salary for the work they perform. Banks provide safeguarding of customer money and provide credit, loans, and payment services such as debit cards, cashier's checks, and checking accounts.Banks also offer insurance and investment and products.anks provide safeguarding of customer money and provide credit, loans, and payment services such as debit cards, cashier's checks, and checking accounts. Banks also offer insurance and investment and products.