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Simplified processing with Scotiabank Lockbox services. - Reduce mail delays by receiving funds locally at Scotiabank business banking centres across Canada or the U.S.
- Achieve "local business" presence in markets where you don't have an office.
- Receive same-day value for Canadian lockbox remittances.
- Accelerate U.S. dollar receivables with next-day value for remittances processed at U.S. sites.
- Eliminate manual processing and cheque handling expenses, and reduce account reconciliation time.
- Simplify accounts receivable management and reporting and improve cash flow forecasting.
- Improve turnaround times for customer orders that require payment processing before shipment.
For more information about the Scotiabank Lockbox Service, please contact us.
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