IMPORTANT: California Bank & Trust will be making security upgrades to our digital systems on Tuesday, June 23, 2020. To see how you can be prepared for this update, please click here.
Lockbox
Here’s a great way to speed payment collections, quickly turn receivables into available funds, and increase efficiencies while eliminating processing expenses.
Here’s a great way to speed payment collections, quickly turn receivables into available funds, and increase efficiencies while eliminating processing expenses.
Let California Bank & Trust help you speed payment collections, turn receivables into available funds more quickly, and eliminate the expense of processing remittances.
With a retail or wholesale lockbox, you can:
- Deliver improved receivables float
- Reduce staff processing time
- Increase audit controls
- Benefit from efficient mail receipt and processing
- Expedite check collection and availability of funds.
- Get timely and accurate communication of remittance details.