Positive Pay

Checks and balances to protect your business. Positive Pay can help protect your business against fraudulent checks, saving you time, money and giving you greater peace of mind.

Sign up

To inquire about or to sign up for any of our Business Services call us at (505) 662-5171 and ask for our Electronic Banking Center.

Postive Pay Features

  • Prevent check fraud by using digital confirmation of multiple check descriptors
  • If a fraudulent check is found we will send automatic online notification
  • Ability to view an image of the exception item
  • No fee for this service

How Positive Pay works:

Issued checks will be required to match: 

  • Account Number
  • Check Number
  • Dollar Amount
  • Payee Name

All four components of the check must match exactly or the check will not get paid, unless approved by you.

As checks are issued, upload a file of issued checks to LANB via Business eBanking. When checks are presented for payment at LANB, they are compared to the issued checks list. If a check is presented that does not have a match in the file, we will notify you via Business eBanking , if you have established an alert. LANB will either pay or return the check per your instructions.

Learn more about LANB's other Business Services.