ACH Fraud

3 Key Ways to Prevent ACH Fraud:

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ACH fraud is on the rise, and criminals are becoming more sophisticated — often posing as your trusted vendors and claiming they’ve changed their bank account information. One email is all it takes to misdirect your payments into the wrong hands.

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​We're here to help you stay one step ahead with practical tools and procedures to protect your business. 

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3 Key Ways to Prevent ACH Fraud:

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1. Always Verify Bank Changes by Phone 

If a vendor emails requesting new ACH details, do not rely on email alone. Use a known phone number (not one from the email) to call back and verify the request. 

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2. Require Updated ACH Authorization Forms 

Ensure every vendor provides a new signed ACH Credit/Debit Authorization Form with updated banking info. This provides an audit trail and helps identity fraudulent changes. 

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3. Use ACH Positive Pay with Filters 

Our ACH Positive Pay service lets you pre-authorize expected ACH debits and credits, rejecting anything unauthorized. Set up filters for tighter control over your account activity. 

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Stay Protected with the Right Tools. Our Treasury Team can help you implement:

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• ACH Positive Pay

• Dual controls for ACH file approvals 

• Account alerts and activity monitoring

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Let's Review Your ACH Security Together. 

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Contact us today at 208-493-5666 or treasurymanagement@idahofirstbank.com to schedule a 15-minute fraud prevention consultation. We'll review your current process and recommend best-fit tools and practices.