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Lock Box Service

The lockbox service is designed to accelerate the collection, processing and reporting of your remittances to give you faster access to your cash.

Features

  • Remitters mail payments
  • Unique post office box number routes payments to main postal facility
  • Couriers pick up mail throughout the day and rush it to The National's lockbox facilities
  • Checks are processed according to your instructions
  • Checks are cleared through The National's check clearing network. Remittance totals are credited to your account. Remittance totals and images of deposited items are faxed or mailed to operating office on the following business day.

Benefits

  • Same day transmissions
  • Staff time is focused on exception research
  • Reduced processing time
  • Complete audit trail
  • Confidentiality

Details

  • $50.00 monthly (includes P.O. Box rental)
  • $0.10 per item charge