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Lockbox

Fast-Track Your Receivables Processing

Cornerstone Lockbox allows you to efficiently collect and reconcile your association's receivables while improving your cash flow. Incoming payments are collected at a secure post office box and transported directly to the bank for processing.


Features & Benefits
• Centralized Collections
• Same-Day Deposits
• Improve cash flows by accelerating collection times
• Reduce your exposure to lost, misplaced, or mishandled payments
• Improve the accuracy of posting your receivables
• Easily upload information to your accounting software
• Access retail lockbox reports 24 hours a day, 7 days a week
• Control which payments are posted

Fees

• Contact a Personal Banker at 847-654-3000

Interested in learning more?

Contact Us about Lockbox services

 
 
 
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