Image Retail Lockbox
Bank of Albuquerque's Image Retail Lockbox service is designed to accelerate the processing and collection of high volume remittances you receive from your customers. Once the payments are routed to Bank of Albuquerque via a designated post office box, the mail is retrieved, stubs and checks are captured and imaged, and funds are deposited into your account. Images of stubs and checks are available on CD-ROM as well as 24/7 Internet access.
Benefits
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Check clearing float is substantially reduced, accelerating availability of funds.
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Time currently spent handling remittances may be reallocated to more productive activities.
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Improved customer service with easy access to images reducing research time from days to minutes.
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