Dedicated location for payments
A dedicated Lockbox keeps your cash flow running smoothly, by receiving mail several times a day, so that payments are processed immediately.
Quick & Efficient Way to Process Your Receivables
Our Lockbox1 allows your receivables to be deposited into your business account faster than if you did it yourself, saving you valuable time and resources.
- We process receivables multiple times a day to turn your account receivables into accessible cash as quickly as possible.
- Your receivables are imaged as they are received via our high-speed optical character recognition (OCR) system.
- Remote lockbox and e-Lockbox features allow clients to have a receivables lockbox as well as a self-service capture option that combines all transmissions into one deposit
Immediate Delivery Of Receivables
Receivables are processed multiple times throughout the day that allows for reduced sorting time and immediate delivery of incoming payments.
- Bonded couriers pick up mail from our lockboxes several times a day, allowing for faster access to your receivables.
- Providing quicker processing of your receivables reduces outstanding ”float” money.
Online Access To Images And Data
SouthState provides you online access to all check images and data, storing all your receivables information in one place.
- SouthState will forward all remittance information to you electronically the same day your checks are processed.
- You will have next-day online access to view your receivables, including checks, coupons and invoices.
Quick & Efficient Way to Process Your Receivables
Our Lockbox1 allows your receivables to be deposited into your business account faster than if you did it yourself, saving you valuable time and resources.
- We process receivables multiple times a day to turn your account receivables into accessible cash as quickly as possible.
- Your receivables are imaged as they are received via our high-speed optical character recognition (OCR) system.
- Remote lockbox and e-Lockbox features allow clients to have a receivables lockbox as well as a self-service capture option that combines all transmissions into one deposit
Immediate Delivery Of Receivables
Receivables are processed multiple times throughout the day that allows for reduced sorting time and immediate delivery of incoming payments.
- Bonded couriers pick up mail from our lockboxes several times a day, allowing for faster access to your receivables.
- Providing quicker processing of your receivables reduces outstanding ”float” money.
Online Access To Images And Data
SouthState provides you online access to all check images and data, storing all your receivables information in one place.
- SouthState will forward all remittance information to you electronically the same day your checks are processed.
- You will have next-day online access to view your receivables, including checks, coupons and invoices.
Lockbox Features
- Reduces mail, processing and clearing float
- Reasonable fees with a simplified charge structure
- Most items deposited are converted to 100% collected funds on the next business day
- Improves partner relationships by settling receivables quickly and reducing customer service inquiries
- Consolidated data transmissions
- Single sign-on through Treasury Navigator Secure Browser
Treasury Navigator®
Treasury Navigator®1is a highly secure and convenient management tool that helps you oversee and control all of your business transactions and funds. Features include robust solutions online and with a secure, and convenient mobile app.
Includes:
Single Sign-On Capability
Authorizations
Custom Reporting Options
Secure Browser
Mobile and Tablet Access
Get Started
Fees may apply. Contact your banker for details. Subject to credit approval.
