Any checks not reviewed by 4 PM local time will be paid. Check Monitoring ("Reverse Positive Pay Service" or "Reverse Positive Pay") is complimentary for all Chase business checking customers. You may not enroll an account in both Check Protection Services and the Check Monitoring or Reverse Positive Pay at the same time. In 2008, the bank acquired the deposits and most assets of Washington Mutual.Fraud Protection Services is available to eligible business checking accounts and consists of the Positive Pay Service ("Positive Pay Service" or "Check Protection Services"), the Reverse Positive Pay Service ("Reverse Positive Pay" or "Check Monitoring"), and the ACH Debit Block Service. The bank is headquartered in Columbus, Ohio, since its merger with Bank One Corporation in 2004. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank was known as Chase Manhattan Bank until it merged with J.P. JPMorgan Chase Bank, N.A., doing business as Chase Bank, is a national bank that constitutes the consumer and commercial banking subsidiary of the multinational banking corporation JPMorgan Chase.
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