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Home : Products and Services : Treasury Services : Treasury Management : Managing Receivables : Retail Lockbox

Retail Lockbox

Streamlined remittance processing and fast access to your funds

With Retail Lockbox, your customers mail payments to a centrally-located post office box, where we pick the checks up. Using high-speed automated mail opening and image capture technology, we streamline remittance processing and help ensure faster deposit into your account. It's one of the most efficient ways to collect high-volume consumer remittances and put your funds back to work - to cover expenses, reduce debt or invest in your company's growth.

Check and coupon images are archived for easy access on CD-ROM or DirectLine®, our web-based treasury management service.


Benefits:
Reduced costs - eliminates the neeed for you to handle mail, process checks, and deposit them in your accounts
Quick access to funds and remittance data - reduces mail float and speeds up check processing
Superior customer service - provides high-quality images that help you respond quickly to inquiries
Informed decision-making - gives you detailed remittance information daily, either by fax or via the DirectLine® service

Contact Us

Canada: (416) 867-4084

U.S.: (312) 461-2242

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