Spend less time running to the bank and more time managing your business.
CommunityBank of Texas Lockbox Services expedite collecting of accounts receivables and reduce daily workload.
We work on your behalf to process deposits received through an assigned post office box held at the bank. Each banking day, we collect and process all mail from the designated post office box and make deposits to the account you designate.
We offer multiple lockbox sites and an image-based system allowing you to view all of your deposited items and supporting documents the day of deposit.
You can manage your daily receivables with Lockbox processing:
- Receive a daily electronic summary of each day’s transactions
- Receive a customized report containing just the information you need to update your accounts receivables
- A daily data transmission of your deposit items can be created to automatically update your accounts receivables
- Receive an image CD monthly with detailed activity from your lockbox
- Flexible reporting capabilities and increased efficiency
- Options available for healthcare reporting integration