Our Lockbox program and integrated iLockbox platform allow you to efficiently collect and reconcile your association’s receivables while improving your cash flow. The process is simple; just have your customers mail their payments to a Post Office Box that we setup for you. We will process the payments everyday and give you real-time access to the data through our web-based, account management platform: iLockbox.

With our Lockbox services you will improve efficiencies and cash flows while reducing delays, handling costs, and internal processing costs. Through iLockBox you will have access to your account receivables 24 hours a day, 7 days a week. Simply login to access 5 years of remittance information… and reconcile your accounts quickly and easily.

Features
  • Centralized Collections
  • Same-Day Deposits
  • Accounting System Interface 
  • Customizable Online Reports
  • Specialized Product: Lockbox (see Doctor’s Advantage)
Benefits
  • Improve cash flows by accelerating collection times
  • Reduce your exposure to lost, misplaced, or mishandled payments
  • Improve the accuracy of posting your receivables
  • Easily upload information to your accounting software
  • Access retail lockbox reports 24 hours a day, 7 days a week
  • Control which payments are posted
  • Enjoy unlimited training and support
Fees

Contact a Treasury Service representative at 305.274.8382