Find an ATM/Branch
Home  |  Personal  |  Business  |  Corporate  |  Government  |  About Sovereign
Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Information ReportingCredit: Lines of Credit and Loans, Vehicle Lease and Finance, Equipment Leasing and Finance, Specialty Lending, Wholesale LendingInvestments: Sweeps, Wealth Management, Investment Sales and Trading, Sovereign Securities Corporation LLC, Employee Pension PlanInsurance: Transportation Insurance, Construction Insurance, Utilities Insurance, Environmental Risk Management, Sovereign Benefits ConsultingCapital Markets: Investment Sales & Trading, Foreign Exchange, Securitization, Interest Rate DerivativesInternational: Import Trade Services, Export Trade Services, Trade Finance, Foreign Exchange, Online Services, Resources
Disbursement & Reconcilement   |   Collections   |   Information Reporting
Printer-friendly formatPrinter-friendly formatPrinter-friendly format
Retail Lockbox
Retail Lockbox Services For Corporations
Retail Lockbox helps your company minimize collection float, maximize accuracy, and hasten the funds availability of low-dollar, high-volume consumer check payments.
Since we utilize state-of-the-art, automated processing equipment that captures images of all checks and remittance documents, 80% of the payments Sovereign handles can be captured, processed, proved, and posted without any human intervention. This helps to lower the cost of remittance processing and ensures maximum quality.

After processing, transmissions and balance reporting to your Accounts Receivables systems can be tailored to your specifications, and are provided to you on a number of media and through several delivery channels.

Our Retail Lockbox service serves the Northeast and Mid-Atlantic regions from facilities in Massachusetts and New Jersey.
Access Your Accounts
Next Steps
Call 877.768.1145 to speak with a
Business Solution
Center Representative
Send an email and we will contact you within 24 hours
How May We Help You?
Easily Reconcile and Track Accounts
Expedite account reconciliation through an automated delivery system.
Learn More
Find an ATM/Branch  |  Contact Us  |  Site Map  |  Site Preferences
Investor Relations  |  Media Center  |  Careers
Privacy Policy  |  Terms of Use  | Copyright 2008 Sovereign Bank. All rights reserved.  Equal Housing Lender Equal Housing Lender - Member FDIC