Baraboo State Bank Positive Pay Services Agreement

Contract Status: 
Completed
Contract Type: 
Service
Contract Source: 
Contractor
Responsible Department: 
Clerk of Courts
Vendor (Contractor): 
Baraboo State Bank
Annual Cost: 
$0
Total Value / Impact: 
0

Positive Pay is a feature through our bank, Baraboo State Bank, that is used already by the Treasurer and Accounting Dept.  It alerts the department of balance inquiry, transfer of funds, stop payments, check copy request, fraudulent checks, checks clearing with a wrong dollar amount or other notifications the Bank sees needing to be addressed.  I was advised by other Clerk of Courts around the state that they have started using Positive Pay for a safety feature.  

Supporting Documents

Review

Agreement for your review for peace of mind.  $10 is waived.  zero dollar impact.