- You receive payments from various locations and don't want to waste time and resources processing the payments. You also want to reduce your collection float.
- Minimizes mail float.
- Reduces clerical costs and improves productivity by reducing time away from work.
- Improves cash flow and accelerates funds availability.
SOLUTION: Incoming Wire Transfers
- Immediate access to incoming wire details
SOLUTION: Currency Services
- An armored carrier picks up cash deposits and posts them to your account, giving you same-day availability that you can view online.
- Retail Lockbox processes payments for companies that receive a high volume of remittances with OCR-scannable coupons.
- Wholesale Lockbox processes payments for companies that issue invoices with detailed information. It also lets your customer submit one payment for several invoices.
- Receivables are sent directly to a P.O. box and are picked up several times daily. These funds are directly deposited to your account, so you have faster access to available cash.
- Deposit report is based on your unique needs and report details can be faxed on the same day.