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Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Payroll Services, Insurance, Sovereign Benefits ConsultingInformation Reporting: Interactive Reporting and Initiation Services, eStatements, Fax Notification, CD-ROM Check Imaging, Electronic Data Interchange, Data ExchangeLoans & Investments: Investment Accounts, Wealth Management, Employee Pension Plan, Sweep Services, LendingCapital Markets: Investment Sales & Trading, Interest Rate Derivatives, Government Note Financing
Disbursement & Reconcilement   |   Collection   |   Payroll   |   Insurance   |   Benefits Consulting
Government Banking Account
Union Banking Account
Deposit Reconciliation
Retail Lockbox
Wholesale Lockbox
Cash Services
Merchant Services
Onsite Check Deposit

Collections
Collections Solutions For Government & Institutions
Our collection services can help government and institutional entities expedite the collection and processing of receivables, lower administrative costs, and reduce time spent reconciling accounts.

Government Banking Account
A checking account designed especially for municipalities, school districts, retirement boards, and other state and local government entities.
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Union Banking Account
A checking account designed specifically for labor unions and teamsters.
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Deposit Reconciliation
Expedites checking account reconciliation by crediting deposits made at multiple locations to a single Sovereign bank account.
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Retail Lockbox
Speed collection, posting, and reporting of high-volume, low-dollar consumer payments.
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Wholesale Lockbox
Accelerate collection float, maximize accuracy, and expedite the funds availability of high-dollar, low-volume check payments.
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Cash Services
Cash Services handles the processing, verification, and crediting of cash deposits; and the preparation of currency orders.
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Merchant Services
Accept all major credit card payments via terminals, telephone, Internet, or mail order.
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Onsite Check Deposit
Easily and securely process check payments directly from your business location.

Onsite Check Deposit™ is a trademark of Sovereign Bank or its affiliates or subsidiaries in the United States.
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View a Demo
Access Your Accounts
Next Steps
Call 877.506.9352
to speak with an
Institutional Banking 
Representative
Send an email and we will contact you within 24 hours
How May We Help You?
Resources
View a demo of Onsite Check Deposit
Control Payments and Easily Reconcile Accounts
Efficiently monitor payables and reduce time spent reconciling accounts.
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Access Real-Time Account Information
Electronically receive account and transaction data when you need it, and how you need it.
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Complete Payroll Solutions
Secure outsourced processing of payroll, taxes & HR records.
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Protect Assets and Employees From Risk
Prepare for the many risks your institution faces.
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Receive product news, online “special offers,” and more.
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