Citywide Banks offers business customers another money-maximizing Cash Management tool with Lockbox Online. These Lockbox services are designed to save your business time and money by collecting your customer payments in one central location
for faster deposits. This is a powerful tool for any business that regularly collects a high volume of check payments. Best of all, Lockbox Online lets you monitor your lockbox activity right from your office PC.
Lockbox Online Features:
- Customer payments processed and deposited into designated bank accounts
- Daily transactional reports and archived history of images and data
- View and download check images through secure website
- Instant access - 24/7 - with no special software to install on your PC
- Tools for custom research and reporting functions
- Special security features, including a unique, bank-assigned client ID and password
Lockbox Online Customer Benefits:
- Streamlines processing of customer payments
- Reduces costs and streamlines in-house accounts receivable processing
- Improves cash flow due to quicker deposit process
- Minimizes expense, storage space and manhours related to archiving paper copies of customer payments
- Decreases trips to the bank
Learn more about adding Lockbox Online to your business account by contacting one of our Treasury Management specialists at 303-365-4090.