Experience a fast and cost-effective way to clear paper check receivables.
Processing checks manually means waiting longer for checks to clear. It’s easy to access your funds and data quickly with SunTrust’s Lockbox Services. Our nine lockbox sites offer Wholesale and Scannable Lockboxes.
- Wholesale Lockboxes are best for business-to-business payments, or a low volume of high-dollar payments.
- Scannable Lockboxes work well for consumer coupon payments, or a high volume of low-dollar payments.
Using Lockbox Services offers:
- Increased security with multiple audit points and independent processing by SunTrust to minimize risk of loss or theft.
- Aggressive pickup schedules and unique postal codes to speed up account posting and maximize cash flow.
- Automated processing systems that offer immediate access to your checks and account information and improve accuracy.
To make Lockbox Services work harder for you, add Lockbox Image Browser and the Lockbox Application Program Interface to your business mix.
Lockbox Image Browser gives you online access to check images, remittance documents, reporting and more.
Lockbox Application Program Interface lets you access check images and data from within your accounts receivable system.