The UMB Image Retail Lockbox service provides state-of-the-art processing of scannable remittance documents, using the most advanced equipment and software.
Our staff of knowledgeable professionals is specifically dedicated to handling your lockbox needs with a focused approach that demonstrates our absolute commitment to providing superior payment processing.
UMB retail lockbox system incorporates an enhanced mail and check collection system to reduce receivables float. Automated mail openers and high volume processing machines optically scan remittance documents for payment data and electronically update accounts receivable systems.
Checks are encoded and prepared for deposit as the payment data is captured. This information is captured to an electronic file for delivery to you by direct data transmission. In addition, we provide images of the checks on periodic CD-ROMs.
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