Cash Management: Disbursement & Reconcilement, Collections, Payroll Services, InsuranceInformation Reporting: Interactive Reporting and Initiation Services, eStatements, Fax Notification, CD-ROM Check Imaging, Electronic Data Interchange, Data ExchangeLoans & Investments: Investment Accounts, Employee Pension Plan, Sweep Services, LendingCapital Markets: Investment Sales & Trading, Interest Rate Derivatives
Disbursement & Reconcilement   |   Collections   |   Payroll   |   Insurance
Printer-friendly formatPrinter-friendly formatPrinter-friendly format

Retail Lockbox

Retail Lockbox For Government and Institutional Entities
Our Retail Lockbox Services help government and institutional entities minimize collection float, maximize accuracy, and hasten the funds availability of high-volume, low-dollar consumer 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.

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 Services serve the Northeast and Mid-Atlantic regions from facilities in Massachusetts and New Jersey.
Access Your Accounts
Next Steps
Call 877.506.9352 to speak with a Government Banking 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  |  Email Offers
Site Preferences  |  About Sovereign  |  Careers
Privacy Policy  |  Terms of Use  | Copyright 2012 Sovereign Bank, N.A. All rights reserved.  Equal Housing Lender Equal Housing Lender - Member FDIC