Lockbox Remittance Service
BestBill's Lockbox Remittance service is designed to accelerate the receipt and deposit of check payments sent through the mail. This cash flow improvement solution collects customer check payments at a centralized P.O. Box instead of a business address, eliminating the hassles and postal delays associated with mail delivery and in-house processing.
Lockbox cuts down your check payment processing time by three or more days - depending on how long it currently takes your office staff to process and deposit check payments in-house.This well-tested cash management service significantly speeds up check payment processing. Since the payment processing is done by BestBill, your check payments are quickly received, directly deposited into your bank account, and posted on WebView™ for viewing.
How BestBill's Lockbox Service Works: