Receivable Processing
Retail Lockbox
Another Great Way To Save Time And Money
Reduce Your Paperwork And Get Your Money Faster
First National Bank's fully automated Retail Lockbox service saves you time
and money by reducing mail processing and check clearing float. It accelerates
your cash flow and saves labor costs by bringing enhanced efficiency to your
accounts receivable department.
Our First National Bank automated lockbox system is a great tool for small-dollar,
high-volume, retail payments. Bill payments are received at a local post office
box. Payment coupons designed for high-speed optical character recognition
processing are scanned with our state- of-the-art equipment, eliminating room
for error.
Here's How Our Automated Lockbox Can Work For You
Your customers simply mail their payments to a post office box with First
National Bank's unique ZIP Code. Our couriers make continual pick-ups at the
main post office . . . at all hours of the day and night.
We will then process the payments and deposit them into your account. Each
day you'll receive the lockbox deposit total through Treasury Link. The detailed
payment information is sent by data transmission for posting to your accounts
receivable. And images of processed items are available immediately for viewing
on-line through our Image Archive system.
Bring Our Technology To Your Money Management
First National Bank continues to be an innovative leader in remittance processing.
We have consistently offered some of the best mail and check clearing times
in the Midwest - and we'll keep up the good work for you.
Save time and money with the automated lockbox service from First National
Bank. Contact Us.
|
 |
|
