Simplify the collection, processing, and crediting of your receivables by having your customers’ payments mailed directly to a post office box exclusive to you.
With Municipal Lockbox Services, we set up a special post office box for your customers to mail payments to, retrieve those payments from the box, process them, and deposit the collected funds directly into an account of your choosing.
While many bills are now paid online, the reality is that paper checks are often issued by the bill payment vendor if the receiving company is not set up to accept ACH payments.
- Streamline collections and payment processing
- Avoid the hassle of processing payments
- Fast and immediate credit to your account
- Support of both paper and online payment options
To learn more about Lockbox Services, please contact our Business and Government Deposit Services team today.