According to the bank’s website, “Wef 01.08.2022, it is proposed to make positive payment confirmation compulsory for checks issued for Rs.05.00 lacs and above. This means that checks issued for these values must be returned within clearing/Intersol without payment, if a positive confirmation of payment is not provided on or after 01.08.2022.”
According to the official Twitter account, “Committed to keeping your banking safe. With Positive Pay System, we are here to protect you against check fraud. Checks over Rs 5 lakh are confirmed before clearing. So simply #BankSafe with BankofBaroda.”
These are the 6 mandatory entries that must be provided for this confirmation;
- Check date
- Beneficiary’s name
- Account number
- Check number
- Transaction code
How to Confirm Positive Paychecks Through Mobile Banking
Customers must enter their login credentials > select option > Request Services > Positive Payment Confirmation > Select Operational Account > Enter Check Number > answer rest of required fields 1. Amount 2. Beneficiary Name and 3 Date 4. Transaction Code > Validate>MPIN>SUBMIT.
How to confirm positive paychecks via net banking
Customers must enter their login credentials > select the option > Services > Checkbook > Centralized positive payment mechanism > answer to the mandatory fields > 1. Select the operational account > Check number 3. Amount 4. Beneficiary name and 4. Date 5. Transaction Code > Confirm > Transaction Password > SUBMIT.
How to Confirm Positive Paychecks via SMS
Customers must provide their positive confirmation on their issued checks to the payee via virtual mobile number 8422009988. All entries must have spaces and the payee’s name in capital letters, with no spaces.
How to Confirm Positive Paychecks by Calling Customer Service
Customers can provide their Positive Pay confirmation via the following toll free numbers – 1800 258 4455 and 1800 102 4455 after the customer identification process.