The fast way to convert checks into cash.
For businesses who collect payments from clients by mail and want to reduce the time and costs associated with processing payments, Lockbox Services provide a streamlined process and potentially lowers processing costs.
Increased cash flow
Improved record keeping
Reduced collection expenses
Daily electronic reports
If your business regularly receives client payments by mail, Lockbox Services from FNB can not only provide a streamlined process, but also potentially lower processing costs. Experience the fast track to converting checks into cash.
You bill your clients using a return address we provide to you. Client payments are returned directly to FNB where they are processed on a daily basis and credited to the designated account. Electronic reports of deposit activity are emailed to you on a daily basis.
You benefit by reducing collection expenses, processing payments and travel to make bank deposits. Your record keeping is improved with daily reporting of all payments received. Additionally, your cash flow is increased with expedited processing and crediting.
FNB offers a full breadth of products and services for your needs.
