ForteVerify Level 2 (account verification)
This service consults the status reported by the bank to see if the account is valid and in good standing. The response will indicate if the account is open and valid, closed, NSF or one of the other conditions listed in the table below. There is no charge for transactions involving non-participating banks. (Most tier I & II banks are participants but some local banks and smaller credit unions may not be.) Transactions not receiving a definitive response (such as POS or NEG) may then be checked against our national negative check database. Note that the status of the account may change between the bank’s report and settlement.
