Lockbox

Lockbox Services

How Lockbox Services can benefit your company:

• Accelerate receivables by reducing mail and processing time.
• Improve cash flow with faster posting and quicker access to funds.
• Reduce internal paper handling and manual data entry.
• Enhance security and audit controls with bank-managed processing and electronic records.

Get paid faster—without handling the mail. With Arbor Bank Lockbox Services, your customers mail payments to a dedicated lockbox address. We retrieve, open, scan, and deposit payments on your behalf—so your team can focus on posting and reconciliation instead of processing checks.

Arbor Bank Lockbox Services provides a secure, streamlined way to collect and process mailed payments. We establish a dedicated mailing address for your lockbox. When payments arrive, they are processed in a controlled bank environment and deposited directly into your account. Check images, remittance information, and transaction data are delivered electronically for efficient posting and reconciliation.

Lockbox is safe and convenient. Payments are processed under secure controls and delivered digitally—reducing the risks and delays associated with internal mail handling.

Access to check images, remittance documents, and related transaction data is retrievable through your lockbox reporting portal.

Lockbox Options

• Retail or Wholesale Lockbox – options based on payment volume and typical payment amounts.
• Remote Lockbox Capture – multiple remote capture sites with centralized lockbox processing.
• Bill Payment Consolidation – consolidate electronic payments and online bill pay into a single file.
• i-Remit Portal – web-based access to reports, remittance documents, and check images.

Fees

Lockbox Services are available for a monthly fee based on your processing needs and payment volume. Additional options such as remittance capture, multi-location support, and electronic file delivery may be available. Transaction fees may apply.
 

Questions?

Call our Treasury Management Team: 402-800-3524

or Email Treasury Management