Wholesale Lockbox

Collect and process your assessments more efficiently with our Wholesale Lockbox Services.

Streamlined Funds Management

By instructing unit owners to remit their assessments to a unique lockbox address, associations will enjoy quicker availability of funds and increased audit control. We will pick up the payments at the post office each day and quickly credit your account. All remittance detail is available to associations through a variety of communications.

Without interfering with your current processing of assessments, our Wholesale Lockbox Service provides the fastest possible access to your funds while also reducing operation and collection costs.

OUR WHOLESALE LOCKBOX PROVIDES MANY BENEFITS:

• Increased audit control
• No co-mingling of funds
• Increased funds availability
• Improved operational efficiencies
• Customized service to meet your specific needs

Single Web Portal/Lockbox Imaging

Business Lockbox Research is an image-based lockbox research tool that can be accessed via the internet. Customers can now access their account information quickly without having to contact the bank. Wholesale customers can retrieve check images. These images will be available to view by the end of each business day (6 p.m. CST). Lockbox customers can print or view images for 90 days. Operating system requirement: Windows XP.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.