Lockbox processing

As your client base grows, so does the paperwork. Our secure lockbox solutions can substantially streamline your receivables function and shave valuable time off your collection process.

Customers remit payment through a regional P.O. box. We pick them up, process them and deposit them the same day. Payments, plus any additional remittance information, and custom data reports are delivered to you conveniently and securely through Webster Web-Link® or File Transfer Protocol (FTP). 

 

Features and benefits

  • Specialized for retail (low-dollar/high-volume) and wholesale (high-dollar/low-volume)
  • Convenient automatic deposits
  • Custom analytics delivering more effective accounting
  • Timely reporting through automatic receivables bookkeeping
  • Easy access to deposit documents

Webster Web-Link®

With Webster Web-Link®, you benefit from 75+ robust functions that support your payment and receivables solutions and liquidity management operations for domestic and international clients. Protected by our advanced security technology, Web-Link is available whenever you need access.

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