Recent Increase in Business Check Fraud

Please be aware that we’ve recently seen an uptick in business check fraud, mainly from unattended mail. It’s important to have either a P.O. Box or direct delivery inside an office.

Our Positive Pay service can give you peace of mind and protect you from losses due to fraudulent checks. With Positive Pay, we review issued checks and match them to pending transactions. Transactions that don’t match are flagged for your review, giving you the power to authorize or decline the payment. Learn more about business fraud protection services.

You may think you don’t need fraud protection, but don’t wait until it’s too late. Is your business protected from fraud? For more information on Positive Pay, email cashmanagement@gorhamsavings.bank.