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Lockbox

Lockbox Payment Processing is an easy way to collect your customers' payments, reducing wait time between collection and processing.  A Lockbox allows your customers the convenience of mailing their payment to a centralized address.  Pinnacle Bank is then responsible for the collection and processing of their payment for your business.

Advantages of Lockbox Processing:

  • Flexibility and convenience to meet customers individual needs
  • Speed and efficiency-Funds are collected, processed and deposited the same day they are received
  • Electronic accounts receivable file provided or ease of posting
  • Online access to images (payments and documents) 
  • Flexible search and inquiry selection criteria 
    • Date Range
    • Item/Form Data (e.g., account number, serial number, RT, amount)
    • Item Type or Category (e.g., debit, credit)
    • Wildcard searches (where appropriate)
  • Image functions
    • Pan
    • Zoom
    • Rotate
    • Reverse
    • Cut/Paste
    • Print

PinnBank for Business required for Lockbox Payment Processing services.  Pricing dependent on services requested.