Maximize business cash flow and expedite customer payment collections efficiently with our Lock Box Banking service.
Details
- Boost efficiency with our Lock Box Banking service
- Gain quicker access to your funds with same day payment processing
- Electronic processing for less expense and fewer accounting errors
- How it works:
- Payments are mailed to a post office box under your name, so it appears that the bills are being handled by your company
- The total amount of payments processed is electronically deposited into your operating account at the close of business each day. These funds are available the next day
- Data files and reports will be customized to meet your individual needs
- Reports are provided electronically allowing you to update your payment system more efficiently
- Researching payment transactions is quick and easy with our Online Archive and CD ROM
Subject to additional terms and conditions.