Wholesale Lockbox
Effective, efficient, quick
Why settle for unnecessary processing expenses and slow clearing times? Why worry about funding new technology to modernize your collection systems? Let HSBC handle the collection of your low-volume, high-dollar business-to-business receipts.
We'll collect and process your customer payments, so you can put your funds to work faster. And with better access to accurate information about your receipts, you can improve management of your inventory, credit risk and liquidity positions.
Put an HSBC Wholesale Lockbox solution to work for your business and benefit from:
- improved cash flow
- reduced credit exposure
- access to real-time images and deposit information
- expedited exceptions resolution
- increased posting accuracy
- receivables matching
- consolidated payment reporting
