Lockbox Services

Associated Bank offers a solution that can streamline the processing of corporate payments, consumer payments, or a combination of both. Our lockbox solution offers the following advantages:

  • 24/7 payment processing puts more funds into your account each day
  • Chicago-area location minimizes mail float for payments mailed locally and nationwide
  • Your payment processing will be completed by the largest remittance processing provider in the country, delivering state-of-the-art technologies and capabilities
  • Lockbox remittances are processed day and night, with at least 10 expedited mail pick-ups per day, reducing payment processing time

Enhanced reporting functionality
With the Associated Connect® lockbox module, you can generate reports using customized queries and export account information. In addition, you can:

  • Manage your financial information using the lockbox module dashboard and customized alerts
  • Query, download and archive transaction images and data for seven years
  • Manage exception items using online decisioning, to help expedite the payment process

To learn more about how lockbox can enhance your cash flow, call Treasury Management Customer Care (available 24/7/365) at 800-270-2707, option 2.

Associated Connect