At BofI Federal Bank, our broad range of Cash Management Solutions includes Lockbox Services designed to simplify the collection and processing of your accounts receivable. We offer nationwide Lockbox operations using state-of-the art integrated infrastructure in order to accelerate your accounts receivable processing and information delivery through solutions that are customized to your unique requirements.
With Lockbox, we provide you with a dedicated P.O. Box or P.O. Boxes to which your customers will mail their payments. We will then retrieve the payments, process them, and securely deposit the funds directly into your company’s account.
In addition to the ease and convenience Lockbox offers to you and your company, this Cash Management solution also offers:
We offer the following versions of Lockbox, each tailored to specific business needs:
Find out which Lockbox solution best fits your Business Banking needs by getting in touch with one of our expert Relationship Managers by calling 844-678-2726 or via email at firstname.lastname@example.org. Start benefiting from a simple, fast, and secure way to collect your customers’ payments today.
Lockbox Service is just one component of a comprehensive selection of Cash Management Services available to customers who have a Basic Business Checking Account or Analyzed Business Checking Account. We invite you to compare the business checking accounts available from BofI Federal Bank to determine which one is best suited to the financial needs and goals of your business.