Lockbox processing allows units to streamline receiving and processing check and credit card payments. With a lockbox, when customers and business partners send you a check or pay by credit card, these payments are processed the day they are received, and your unit is credited the following morning. For units with a large volume of receipts, lockbox processing offers speed and efficiency; for small units with few staff members, in addition to the speed and efficiency, lockbox processing provides segregation of duties.
If your unit is interested in establishing a lockbox, please complete an Application for Lockbox Processing (XLSX, 16.5 KB) and send it to Cash Management by e-mail at email@example.com or by fax to (607) 254-1555. Your unit will be contacted by a staff member in Cash Management to complete the process.