Regions Lockbox Services collect payments into a client’s commercial account in order to speed deposit processing and to relieve you of some of the bookkeeping workload.
Benefits
- Reallocation of resources – Labor-intensive payment processing is eliminated, allowing those resources to be redeployed elsewhere.
- Improved cash flow – Accelerating the collection process increases your working capital and allows faster access to the funds.
- Enhanced payment processing – Payments are processed faster and errors are reduced.
- Better security and safety – Security is improved by separating invoicing and receiving functions, while disaster recovery is covered by Regions contingency operations.
Available Services
Wholesale Lockbox
Designed for the collection and processing of corporate-to-corporate payments. Useful for clients who receive high-dollar payments from trading partners.
Does your company process high-dollar, low-volume transactions where expedited mail and collection float are needed for investing or other business purposes? If so, Regions Wholesale Lockbox Services can provide a cost-effective solution, where collection and posting are accelerated and your cash flow improved.
Retail Lockbox
Designed for the collection and processing of consumer-to-corporate payments. Useful for clients with a high volume of low-dollar payments. Provides integration among paper-based payments, electronic payments and third-party payment services.
Does your company process a high volume of low-dollar remittances or have a regular payment flow with monthly or multiple billing cycles throughout the month? If so, Regions Retail Lockbox can provide an effective, accurate and automated method of processing your receivables.
Association Lockbox
An integrated lockbox solution designed to meet the unique requirements of condo associations, homeowner associations and property management companies. High-speed remittance processing is combined with a free Internet-based application and industry-specific features. Enables you to easily view and manage daily transactions online, and generate remittance coupons that can be mailed to association members.
Does your association or property management company accept checks, make daily deposits or want to improve remittance processing efficiency to benefit working capital? If so, Regions Association Lockbox can simplify your remittance processing and optimize your cash flow.
Click here for more information about Association Lockbox.
Image Lockbox Online
Regions Image Lockbox Online allows you to quickly and easily view and manage your Wholesale, Retail and Association Lockbox deposits, associated checks and document images via the Internet
- Review batch summary and detail information
- View digital images of checks and associated documents as they are updated throughout the day
- Generate and save custom reports in PDF or CSV formats
- View historical information
Image Lockbox Online Login
View Demo for Image and Association Lockbox
To find out more about Regions Lockbox products and services, contact your Relationship Manager, Treasury Management Sales Specialist or Business Banker. You can also contact our Regions Inside Sales team at:
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Call us at
1-866-822-3770 |
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to be contacted by a local banker |
If you are an existing client and need assistance with your Regions Association Lockbox service:
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Call
Regions Client Services |
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or |
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to send an email request to the Regions Client Services team |
- Inside US call - 1-800-787-3905
(7 a.m. - 7:00 p.m. CT)
- Outside US call - 1-205-560-3999
(7 a.m. - 7:00 p.m. CT)