Receivables

Whether you need a Wholesale Lockbox or a sophisticated package of integrated services, The Bank of New York Mellon Treasury Services can improve the efficiency and effectiveness of your receivables, by:

• Providing quick access to funds so you can maximize the use of available cash and investment opportunities
• Enabling you to update your accounts receivable system quickly and provide important data to other areas within your company
• Handling or automating many labor-intensive, manual functions associated with the collection and processing of customer payments
• Reducing total processing costs over time

Lockbox Services
Maximize your cash flow and accelerate access to critical information from paper receivables. By combining data from electronic payments and paper remittances into a single transmission, we can streamline your accounts receivable file update process.

Electronic Services
Integrate our complete line of electronic services flawlessly into your current receivables system. Our suite of services increases efficiency and is designed to fit the long-term objectives of your company.

Check Services
Track all of your checking transactions, even if your company has multiple locations or departments. Our Deposit Reconcilement and Transit products can serve multiple accounting units for maximum efficiency.