My business currently has one person that both initiates and approves ACH and Wire transactions. Can we just keep doing that?

Yes. However, First National highly recommends all businesses customers use dual control in their ACH and wires process to protect your finances from fraud.

If dual control does not align with your business’s operational needs, you may opt out by completing and submitting the bank’s required documentation. As part of that process, you will be required to acknowledge that dual control has been offered and recommended by the bank, select the alternative security procedures that will apply to your transactions, and acknowledge and accept the risks and responsibilities associated with declining or failing to use dual control, as provided in thebank’s Business Online and Treasury Management Services Agreement and Disclosures and related documentation.


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