LOCKBOX SERVICES

BEST Card Systems's high-speed lockbox equipment automatically opens all payment envelopes, matches payment to checks, converts checks to ACH transactions (if requested and where possible), prepares checks for deposit and inputs data into an electronic file for client accounts.

BENEFITS FOR YOUR BUSINESS

	Reduce mail and processing float by having receivables mailed to a special post office box accessed by BEST Card Systems’s Lockbox Service.
	Improve staff productivity by automating the process of opening envelopes, sorting payments and making deposits to your bank account
	Ensure quick and accurate posting and reporting of receivables
	Decrease potential theft, fraud and error by reducing the number of employees accessing each transaction
	Convert eligible checks to ACH transactions for improved collections
	Image archive available
	Faster funds availability
	Make use of a customized client data file of pertinent information
	Images of processed checks are available