Fraud Prevention Products
Services designed for businesses to reduce the risk of fraud.
Washington Trust offers commercial and business clients a selection of fraud prevention products and services designed with you in mind.
Positive Pay is fraud detection for checks. Checks that post to the account are systematically compared to a list of valid outstanding checks. Checks are automatically paid when they match based on account number, check number and amount. Checks that do not match are identified as exceptions, and you are notified to apply pay or return decisions by a cutoff time; exceptions not receiving a decision by the cutoff time are automatically returned.
ACH Positive Pay
ACH Positive Pay is fraud detection for incoming ACH debits (electronic transactions initiated from outside the bank). It is a self-service alternative to ACH Debit Filter.
The virtual token requires a higher level of security when you login to WTB Online. The credential provides a dynamic security code used in addition to your business account WTB Online ID and password.
Get notified by email, text, phone or at login when you set up account alerts in WTB Online. Specify alerts according to the following:
- Cleared check/item
Call Priority Service at 800.788.4578.
Call Priority Service at 800.788.4578 and follow the prompts to Card Services to block your card.
WTB Mobile: Suspend your card or report it lost or stolen from within the WTB Mobile app.
Simple steps to help protect yourself from fraud. Read More