[chewmieser]

FYI this is called Positive Pay (at least for checks, although it looks like some banks offer ACH Positive Pay). We upload a file daily to our bank that says "you can allow these check numbers to go through," and anything else would be rejected.

[amluto]

Right, I know it had a name.

I find it rather surprising that Reg E mostly doesn't protect business accounts. IMO if an account doesn't have Positive Pay or a similar protection, then that account should get the full benefit of Reg E protections. This would probably give the banks a nice incentive to implement Positive Pay for free for all business accounts, since Reg E can be expensive and complicated for the banks.