Accelerate funds availability, simplify remittance processing and turn receivables into faster cash, with Mechanics Bank Lock Box Services. Consider our Lock Box service an extension of your office for remittance processing that's quick, economical and convenient.
Key features:
- A designated P.O. Box is assigned for your payments
- Customized processing of checks, invoices and remittance details, to meet your specifications
- Speeds up processing time of your payments, providing quicker access to your funds
- Generate detailed reports of ACH origination history
- Streamlines receivables processing, decreases costs and frees your staff to work on more profitable activities
- Online images and report viewing, transaction history, and data file downloading available