Our outsourced lockbox solution for corporate-to-corporate payments, RemitStream® Wholesale Lockbox from Fiserv is designed to improve cash flow for businesses processing low-volume, high-dollar payments.
Outsourced lockbox services from Fiserv provide an opportunity for your financial institution to gain new fee-based revenue with minimal resource investment. By focusing your remittance processing operation on corporate-to-corporate payments, you can build profitable and lasting relationships with businesses receiving these payments.
RemitStream Wholesale Lockbox provides an efficient method to collect, process and deposit low-volume, high-dollar business-to-business payments. Our efficient workflow offers front-end document and check imaging in a high-speed processing environment. Payment processing can also be customized to meet the unique needs of your business customers.
With our robust online viewing and reporting solution, RemitStream Receivables Online, your remittance customers gain same-day online access to check and remittance document images. Customers can also generate lockbox reports and search for account activity online. Integration between Receivables Online and an interactive Web-based exceptions management solution, RemitStream Exception Handling: Online Decisioning, further expands your online capabilities by enabling customers to review exception items and submit same-day decisions.