Retail Lockbox services include the collection of customer payments from designated lockbox sites and transportation to a processing site where Symcor processes the remittances and deposits check payments directly into a customer’s account. Receivables data is then transmitted to customers electronically for uploading to an accounts receivable system, giving you timely information and quick access to available cash.

Symcor’s Retail Lockbox services leverage the same network of processing centers, high-speed data transport machines, image capture technology and digital archiving tools used for our Wholesale Lockbox and item processing services.