Reconciliation & Fraud Detection

Right for you if:

  • You need tighter cheque controls

  • You want to improve accuracy and reduce fraud

  • Protect against fraud
    Increase processing speed while reducing data entry error

  • Streamline your reconciliation process
    Automated ECS suite eliminates manual tracking and reconciliation

  • Prevent error
    Monitor your accounts and identify mismatches with your issued cheque file, plus detect alterations to payee information

  • Choose the package that's right for you:

    • Paid Cheque Reporting
    • Positive Pay
    • Positive Pay with Payee Match
    • USD Clear Through Account
  • PLUS

    Fraud protection and reconciliation detection services available for US Dollar Clear Through Accounts.

    Choose what's right for your business

    Daily, weekly and monthly flexible reconciliation periods

    Improve your online access

    Receive paid cheque information, including images and downloadable reports, online through our search engine

    Administer user privileges and maintenance online without having to contact Scotiabank

    Lower your risk for errors

    Correct serial numbers, request amount adjustments and return cheques – all online

    Enjoy greater control

    View cheque images online for up to 90 days, plus access 16 months of clearing activity

    Prevent fraud

    Access Paid Cheque Reporting, plus prevent potential cheque fraud by:

    • Detecting amount and serial number mismatches
    • Detecting cleared, but not issued cheques
    Same day online review

    Review daily exemption items by 10 a.m. and submit your pay/no pay decisions by 2 p.m.

    Positive Pay with Payee Match

    Access Paid Cheque Reporting, Positive Pay, plus Payee Match

    This package includes the ability to detect alterations to the payee information on clearing cheques with the option to verify Payee Name or the entire Payee zone.

    Take the  next step

    Online

    Prefer to correspond online

    Email us