How can your committee help protect itself from fraud?

Most banks offer services to prevent check and ACH fraud. These fraud prevention programs—often referred to as positive pay systems—allow your bank to work more closely with your committee to verify that the checks presented to the bank for payment on your account are authorized, and that the ACH debits made against your committee’s account are approved committee expenses. Some banks may charge a fee for these services, but others offer them for free. Contact your financial institution for more information.