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Lockbox processing is an essential part of most financial institutions’ corporate banking services. Your customers want faster accounts receivable posting so it’s imperative to offer a breadth of high quality lockbox services. Remittance Solutions from Fiserv enable you to offer a complete package of services including wholesale, retail and wholetail lockbox. In addition, we offer targeted industry solutions for property management and healthcare. And all solutions are private-labeled so your customers see only your logo and brand name, not ours.
State-of-the-art solutions without the capital investment
A remittance solution can provide financial institutions with valuable fee-based revenues and deposits. However, building and maintaining the solution in-house can require major capital expenditures. Instead, leverage Fiserv lockbox sites and expertise to shift your costs from fixed to variable. Our national network of lockbox sites processes payments, captures images of checks and documents, deposits your customers’ funds, and reports detailed payment information more efficiently than ever before. Expect processing accuracy – and get it from Fiserv.
Customizable, nimble processing
Even as checks continue to decline, lockbox services can help your customers improve cash flow. Imaging technology and Internet-based reporting systems offer dramatic productivity improvements. When you choose Fiserv, these and other innovations are at your command thanks to our nimble and fully customizable remittance processing services.
Strengthen your customer relationships today with Remittance Solutions from Fiserv.
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