Lockbox services
Process expensive and time-consuming check payments efficiently and cost-effectively.
Improve your cash flow and simplify remittance
Maximize your cash flow and reduce errors by simplifying your remittance process with wholesale lockbox services. Get online access to funds availability and image remittance information and receive exception notifications.
Simplify check processing
Here's how our lockbox services work.
- Send invoices to your customers, but use one of our P.O. boxes as the mailing address.
- Your customers send payments to one of our four P.O. boxes in California, Illinois or Texas.
- We'll collect the payments and deliver them to the lockbox processing site.
- Payments and any remittance or correspondence are processed quickly and accurately according to your custom instructions.
- Funds are deposited into your PWB account the same day.
- Review images and reporting online, or we can send a data and image file to you.
Here's how our lockbox services work.
- Send invoices to your customers, but use one of our P.O. boxes as the mailing address.
- Your customers send payments to one of our four P.O. boxes in California, Illinois or Texas.
- We'll collect the payments and deliver them to the lockbox processing site.
- Payments and any remittance or correspondence are processed quickly and accurately according to your custom instructions.
- Funds are deposited into your PWB account the same day.
- Review images and reporting online, or we can send a data and image file to you.
Accelerate your reconciliation
Do you expect to receive a mix of wholesale and retail check activity? Do you want to leverage coupon capture or other OCR services?
Ask your relationship manager about our wholetail lockbox service.
Benefits of lockbox services
Save time and money by letting us handle your incoming checks.
- Reduce payment processing expenses.
- Expedite the collection process and reconcile receivables quicker.
- Re-focus your valuable resources on business development opportunities.
- Strengthen your internal audit controls by separating the billing and remittance processes.
- Reduce fraud and increase security.
Save time and money by letting us handle your incoming checks.
- Reduce payment processing expenses.
- Expedite the collection process and reconcile receivables quicker.
- Re-focus your valuable resources on business development opportunities.
- Strengthen your internal audit controls by separating the billing and remittance processes.
- Reduce fraud and increase security.
Ways we can help you:
Send a secure message
You can use Secure Mail through ZixPro (above) to send a confidential email. If your message is general in nature and doesn't require additional encryption you can also send us a short note using the contact form below. We will respond as soon as we can to your request.
Answer commonly asked questions with an online demo
Learn more about our online and mobile tools through interactive demos. Explore Online Banking for Business, FX Portal and more.
Build confidence with user guides
Reference or download one of our step-by-step user guides to help you better understand our products and solutions.
Let's connect
For more information, contact your relationship manager or fill out the form below.
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