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.
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.