FSB’s Lockbox Services Make Business Banking Easy
You will be able to expedite collections of accounts receivables, streamline the remittance process, decrease processing costs, reduce errors and improve your audit trails. Plus, you can use cash and update collection reports the day your funds are received.
Lockbox Services are perfect for municipalities, hospitals or any other organization who receives a large number of mailed remittance. Once your transactions are complete, you will have customized, easy to access reports that provide details on your transactions. Choose from various lockbox service options, based upon the type and volume of your remittances.