Receivables

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Lockbox

We offer several lockbox solutions to help speed remittance processing for optimal availability to your funds.

How you benefit:

Replace paper-based receivables with faster, more effective image capture technology
Save time and gain faster access to funds
Reduce costs and exposure to internal check fraud
Receive uninterrupted processing workflow and disaster recovery

National Network Lockbox - collect, process, deposit and receive reporting on low volume, high-value checks

Regional Lockbox - allow customers to send low-volume, high-dollar wholesale remittances and high-volume, low-value retail remittances to a local address

Receivables Edge^SM - retrieve check and document images and data captured in your lockbox in real time via the Internet

Virtual Remit - scan and transmit checks, full-page remittance documents, coupons and envelopes from your desktop and electronically send the images to the bank for deposit

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