About the ACH Fraud Control service  

ACH Fraud Control helps you keep your outgoing and incoming ACH payments safe. Even though it’s part of the overall ACH service, it has its own administration and user setup. 

We offer 4 services as part of the ACH Fraud Control module in Online Banking for Business. They are designed to control risk, protect your company from fraud and enhance internal controls.    

1. ACH Positive Pay Filters  
   
   Use ACH Positive Pay filters to avoid unauthorized transactions by approving specific ACH Company IDs before they debit funds from your account.   
   
   ACH Company IDs that do not meet your filter criteria will need decisioning (you can choose to approve legitimate transactions) or the transactions will be rejected.   
   
   If you don’t use ACH Positive Pay, any company with your account information can post ACH transactions, both debits and credits, to your account without review.   
     
2. ACH Control Totals  
   
   The ACH Control Totals feature lets you set dollar totals for debits and credits, and an item count, for an ACH file.  
   
   If the Control Totals you’ve entered don’t match the payments within the file, we’ll send an email requesting you update the information. If the information is not updated, we won’t process the file.
   
   Note: Please ensure ACH Control Totals are submitted prior to initiating an ACH origination file.   
    
3. Warehouse  
   
   Use Warehouse to locate detailed transaction and batch information of your sent (originated) ACH files.  
     

4. ACH Deletions and Reversals  
   
   Use ACH Deletions and Reversals to stop or attempt to recover ACH transactions that you created in error.  What are the requirements for using ACH Deletions and Reversals? 

Fraud Control email notification alerts  

You can receive Fraud Control email notification alerts for your Positive Pay filters, Control Totals, and Deletion and Reversals activity. Please ask your Fraud Control Admin to enable these notifications for you. What notifications are available in ACH Fraud Control? 

 
To add any of the ACH Fraud Control services to your account, please contact your BMO representative.