Lockbox is an efficient, safe, and cost-effective solution for you to receive, deposit, and post-payment receipts to your remittance accounts.
- Transactions ranging from check only (typical business-to-business payments) and full-page documents (letters, bills, and invoices) to fully encoded payment coupons (such as loan payments, rental stubs and utility bills) are now automated.
- Funds are deposited the same day the mail arrives.
- Local Post Office Box addresses.
- Automated data capture and electronic posting files (reduce manual entry and potential errors).
- Access to captured data and images.
- Ability to consolidate the reporting and posting of multiple payment types including ACH, Credit Card, and Bill Pay transactions.
- Transactions processed by payment professionals in a secure facility.
- Separation of duties between those who issue invoices, and those who receive payments.