Wholesale Lockbox

  Overview  

Enhance cash flow and cut administrative expenses by routing accounts receivable payments directly to Capital One®.

  • Up to 100 remittances processed per month
  • Payments are sent to a designated post office box
  • Deposits are posted on a same-day basis
  • Account details can be received via fax or TowerNETSM for Small Business
  • Images of checks and remittances deposited can be delivered via TowerNETSM or CD-ROM
  • Copies of checks can be forwarded to you with all correspondence received
Contact Treasury Management at 1-888-822-2274 (LA and TX) or treasury@capitalonebank.com
Plus:
  • Outsourcing translates to lower expenses related to processing and posting accounts receivable payments
  • Eliminate the need to copy, file, and store paper transactions—check and remittance images are stored electronically
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