LockBox ProcessingPower-up your LockBox needs with TotalBank!
A fully automated, online payment processing service, ideally suited for any coupon payment processing task.
TotalBank’s secure, browser-based online LockBox Service provides the highest level of financial control, efficiency, convenience and accuracy. And the browser interface is simple and easy to use.
Save Time, Save Money
- Management and handling costs are reduced and the service provides secure and easy access to check images and reports.
- LockBox payment processing saves time and increases convenience and productivity.
- TotalBank’s LockBox Service is secure. Access to the system uses multi-factor authentication.
- Payments are mailed to a P.O. Box and are processed every business day.
- Payments are credited to your designated account and the image is captured.
Retail Payment Processing
- Designed for companies receiving large volumes of coupon payments.
- Captures payment information and provides transmissions to update your accounts receivable.
- Retail LockBox transmissions can be tailored to the specific needs of your business.
Wholesale Payment Processing
- Accelerates the collection of large denomination checks
- Customers remit payments directly to a unique post office box
- Transported daily by bank courier to the Bank LockBox processing center.
Property Management Payment Processing
- Ideal for management companies with multiple homeowner associations
- Payments are received and electronically sorted, deposited into the correct association bank account, and an electronic posting file with the payment information is transmitted to the management company on a daily basis.
Get started by completing this online form.
Or for more information, contact your nearest TotalBank location