This check processing solution simplifies the remittance process by allowing you to outsource the processing and depositing of payments to your bank.

  • Accelerate your daily collections, streamline remittance processing and reduce errors.
  • Reduce the time it takes to process assessment payments to gain quicker access to your funds.
  • View high resolution images of deposits online minutes after processing is completed.
  • Monitor activity of lockbox deposits by transmitting to your computer system daily the automated posting of payments.
  • Turn your receivables into cash and your time into your own.
  • Provide import files to post the payments into your accounting software with a couple of clicks of the mouse.
  • Eliminate Idle Funds! Owners remit assessment payments directly to the bank.
  • Payments are processed the day they are received by the bank and are deposited directly to the association’s operating account.
  • Increase security with dual control, locked bags, security tokens, and more, as well as increase security with payments going directly to the bank–they can’t be misplaced or left in a desk drawer.
  • Automated Data Integration allows us to provide a record of the association’s deposits via secure web site, eliminating costly and time consuming re-keying of individual entries.

Have questions about our Lockbox services? Our experts are ready to assist.

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