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lockbox services
Improve operational efficiency and profitability.
Convenience is just around the corner.
Does your business process a large number of receivables and payments by mail? Dime Community Bank has the right treasury management solution for you. With our Lockbox Services¹, we’ll eliminate in-house processing costs, improve funds availability, and simplify your record keeping and reporting.
As a leading business bank in New York, Dime understands the needs of your business. Our Lockbox Services allow your customers to send their payments to an address featuring your company name and lockbox number. We’ll deposit the check and provide correspondence, remittance documents, and deposit summaries to your business each day.
Your relationship manager will structure the right lockbox solution to meet your needs.
Benefits of Lockbox Services
With Lockbox services from Dime Community Bank, you’ll be able to:
- Improve funds availability
- Simplify record keeping
- Protect against internal theft and check fraud
- Eliminate in-house check processing costs
- Improve same-day decisioning
- And more
Smart solutions¹ for your business.
Run your business more efficiently with our suite of Treasury Management solutions.
¹ All products subject to Dime approval.
² Must have Dime Online Banking for Business to use Dime Business Mobile Banking. The Dime Business Mobile Banking App is available for select mobile devices. Dime Business Mobile Banking is a free service from Dime. However, your mobile carrier may charge for data and text message usage.