Find the tools you need to stop fraud in its tracks
Find the tools you need to stop fraud in its tracks
Fraud Prevention
WaFd Bank's Fraud Prevention Services give business owners like you the tools to safeguard your accounts, strengthen internal controls, and keep your operations running smoothly. From check fraud to unauthorized ACH (Automated Clearing House) transactions, our solutions are designed to give you peace of mind so you can focus on growth, not risk.
Check Positive Pay
Best for: mitigating risk
- Reduce exposure to fraudulent checks and unauthorized payments
- Ensure your business stays protected
- Provide a list of checks issued that should be paid
- Stop fraud before it occurs with teller validation in the branch
Reverse Positive Pay
Best for: businesses who want to approve checks before they're paid and write less than 10 checks a week
- No need to provide a list of checks ahead of time
- See a list of checks presented for payment and choose which ones should be paid
ACH Positive Pay
Best for: protecting your business from fraudulent, automatic transactions
- You set the rules on which ACH items should be paid
- Rules for one-time and recurring transactions
- Block specific accounts from receiving automatic payments
- Reduce risk of unauthorized ACH transactions
Fraud Protection for Your Business
| Product/feature | Best for | Key benefit |
|---|---|---|
| Check positive pay | Businesses issuing many checks | Matches issued check file to clearing checks |
| Check validation (Reverse positive pay) | Small businesses managing fewer checks | Reports all checks for review before posting |
| ACH positive pay | Businesses with electronic payments | Approve, block, or set rules for ACH debits/credits |
Check positive pay
- Best for: Businesses issuing many checks
- Key benefit: Matches issued check file to clearing checks
Check validation (Reverse positive pay)
- Best for: Small businesses managing fewer checks
- Key benefit: Reports all checks for review before posting
ACH positive pay
- Best for: Businesses with electronic payments
- Key benefit: Approve, block, or set rules for ACH debits/credits
Our knowledgeable and experienced bankers are ready to help.
Expand your financial capacity with our integrated business banking solutions, designed to scale with your goals.
REMOTE DEPOSIT CAPTURE
Submit your bank deposit using a simple desktop scanning device
- Save time, no need to drive your deposits to the bank
- Receive credit faster
- Access images of deposited items
eACH
A secure and fast way to send and receive payments
- Vendor Payments
- Payroll
- Payment Collection
LOANS & LINES OF CREDIT
Get the funding you need to support cash flow, working capital, or other needs
- SBA Loans and Lines of Credit
- Business Loans and Lines of Credit
- Business Credit Cards
Subject to credit approval.
Navigate your business confidently with expert knowledge and guidance.
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