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Faster Payment Processing

Accelerate Receivables with Lockbox Services

Independent Bank’s Lockbox Services help businesses process and deposit payments faster, improving cash flow while reducing manual processing and security risks.
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What Are Lockbox Services?

Lockbox Services streamline payment collection and processing by directing mailed and electronic payments to a secure, bank-managed location. Independent Bank processes these payments on your behalf, accelerating funds availability, reducing administrative burdens, and improving security.

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Let our team of experts help you find the right solutions to support your business growth and financial goals.

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Lockbox Services FAQs

Answers to Common Questions About Lockbox Services

How do Lockbox Services work?

Both mailed and electronic payments are processed and deposited on your behalf to either an eLockbox or a secure PO Box managed by Independent Bank.

What types of businesses benefit from Lockbox Services?

Lockbox Services are ideal for businesses with high payment volumes, such as healthcare providers, utilities, and property management companies.

How quickly are payments processed?

Payments are processed daily, ensuring funds are deposited faster than traditional manual processing.

How do I get started with Lockbox Services?
Contact our Treasury Management team to discuss your needs and set up a Lockbox account.

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We are here to assist you with all of your financial needs. Whatever way you prefer to connect, we are here to help.

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