Lockbox Processing
First Enterprise Bank’s lockbox processing services simplify receivables by directing payments to a secure processing center instead of your office. Payments are collected, processed quickly, and deposited promptly, with remittance details captured and delivered through convenient online reporting for real-time visibility.
This reduces manual handling, increases accuracy, and enhances security by limiting internal touchpoints. With detailed reporting and easy integration into your accounting systems, lockbox services help streamline reconciliation, improve cash flow, and free up your team’s time.
How It Works
Dedicated Lockbox Address
Your customers send checks and remittance documents to a secure lockbox managed by First Enterprise Bank.Daily Collection & Processing
Payments are retrieved and processed daily.Fast Deposit
Funds are deposited directly into your account improving cash flow.Digital Access & Reporting
Access images, payment data and detailed reports through secure online access.