Streamline your payment collection and improve your cash flow with Primary Bank's local Lockbox Service.
Here's How It Works
Lockbox Service routes your customers' payments directly to our Manchester, NH post office box. The payments are collected, verified, and deposited to your account - all in the same day. You'll also receive same day remittance details and deposit reporting giving you greater insights and better utilization of available funds.
Advantages of Primary Bank's Lockbox Service:
- Primary Bank's Lockbox Service offers a Manchester, NH post office box, keeping your service locally based.
- Payments are collected Monday-Saturday accelerating the posting of account receivables which will improve your overall cash flow.
- You can view and save images of check payments, remittance documents, and other items received providing you with accurate and timely information.