Cash Management
Optimize your cash flow. Manage your business finances efficiently with our cash management services.
Special Holiday Hours: December 24 - Early close at 3:00pm. December 25 – Closed in observance of Christmas Holiday. January 1, 2025 - Closed in observance of New Year's Day. Please schedule your Cash Management needs accordingly. Click here for the Cash Management processing schedule.
Positive Pay verifies the information you provide as checks from your Community West Bank checking account are presented for payment. If a check is identified as altered or unauthorized, you will be notified.
Positive Pay from Community West Bank is a powerful tool in helping to protect against check fraud. The basics of Positive Pay are simple – when you issue a batch of checks through your preferred software, the specifics of those checks are recorded and exported from your preferred software and imported to the Positive Pay system.
As these checks are deposited or cashed, the bank compares the details of the check to the details you provided when the check was issued. If differences or discrepancies are found, the check is flagged and placed in the Positive Pay exceptions list for you to review. You can then determine whether the check should be paid or rejected, based on your review.
The ACH Positive Pay functionality allows you to set up rules to both pre-authorize specific ACH transactions and to monitor for ACH transactions that match specific guidelines. The system will then flag ACH transactions that fall outside of these rules.
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