With our Lockbox remittance processing service, your clients send their payments directly to a centralized location where we processes the transaction, depositing received funds into your company's account right away. Reduce the potential for theft, fraud, or errors while speeding up your payment collection process.
- Simplify the collection and processing of your accounts receivables
- Increase your productivity while improving your cash flow
- All correspondence is scanned and digitized by BAC
- Get secure access to all digitized information
- Get tools for custom research and reporting functions
- All electronic data and images made available for your own documents
Some Business transactions or services may have additional fees, please refer to the Business Deposit Accounts Fee & Information Schedule.