Dual Control

Reduce Fraud Risk

Why Dual Control Matters

Dual Control gives you the power to decide who approves or rejects transfers, adding an extra layer of security to your business finances. With at least two users required to enable Dual Control, you can customize approval permissions for each user to fit your needs.

Setting up Dual Control is easy. Business owners or authorized managers can designate whether a user needs an additional signer to approve their transfers—helping prevent unauthorized transactions.

Best of all, Dual Control is free for all Provident Business Banking users. Set up your approval requirements today and enjoy greater control and peace of mind over your business transactions!

Advantages of Dual Control

Implementing Dual Control can enhance your online security measures and safeguard your business against various operational risks:

Protection Against Payment Scams

As payment fraud becomes more sophisticated, Dual Control ensures that a second set of eyes reviews transactions, reducing the risk of fraudulent activity draining your accounts.

Prevention of Processing Errors

Dual Control helps detect and prevent errors such as internal procedure breaches or inaccuracies in account numbers or transfer amounts.

Defense Against Compromised Credentials

Advanced tactics used by fraudsters to steal login information pose a threat to online accounts. Even if a criminal gains access to a user's credentials, Dual Control prevents unauthorized withdrawals.

Mitigation of Internal Fraud

While trusting your employees is essential, Dual Control acts as a deterrent against internal fraud. It provides an additional layer of oversight, helping to identify any unethical behavior early in the process and discouraging fraudulent actions.

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