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Lockbox Processing
We will process your accounts receivable checks, saving you administrative time while improving your balances. Use NetQuery to view images of your Wholesale Lockbox checks and remittance data over the Internet.
Wholesale Lockbox Service
Our Wholesale Lockbox service is designed to speed the collection of large denomination checks. Customers remit payments directly to a unique post office box in Charlotte, NC. Your company's mail will be transported daily by bank courier from the U.S. Postal Center in Charlotte to the IronStone Bank lockbox processing area. The lockbox center will process deposits and clear the received payments. Thus, your company's cash flow improves as its receivables are promptly converted into available funds. The envelopes, any accompanying enclosures, and photocopies of the original checks are all forwarded to your company. And now with IronStone Bank NetQuery service, you can access remittance images through a secure Internet site, thus allowing your service area to quickly respond to your customer's inquiries.
What We Offer
IronStone Bank Lockbox service:
  • Reduces in-house processing costs.
  • Accelerates the collection of receivables and makes funds available faster.
  • Captures customer information and transmits electronically.
  • Improves control through automated systems that provide an audit trail with summary and detailed batch listing.
  • Provides enhanced audit controls.
For more information or to open an account, stop by your local branch, talk with your
Business & Treasury Services representative or call Business Central at 1.800.476.5121,
between 8:00 a.m. and 8:00 p.m. Eastern time weekdays.
You may also e-mail us.