Wholesale and Retail Lockbox
Have your customers' check remittances directed to and processed by authorized bank personnel. Deposits post same day as received and remittance information is customized to meet your needs.
Wholesale
Wholesale Lockbox is designed for corporate-to-corporate payments which may involve large dollar amounts. These items will be deposited same day to ensure the maximum availability of such funds. The remittance documents, check images and deposit information are sent to you daily through a variety of methods ranging from physical mail delivery to web delivery.
Retail
Retail Lockbox is ideal for consumer payments which typically have a high number of payments.
Benefits to Your Business
- Reduced mail and availability float - Same-day processing and use of state-of-the-art technology reduce processing times and make funds available faster.
- Faster information - Access decision-critical deposit information obtained via our online portal.
- Improve staff productivity - Streamlined, automated receivables processing decreases your overall processing costs and frees up your employees to work on more profitable activities.
- Increased protection against potential fraud and error
For more information on any of our services, click here and fill out the form. A representative will contact you within one business day.