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Grand Bank Xpress Lockbox Services help you speed up and simplify the collection and processing of your accounts receivables into available funds while reducing mail and processing efforts. With timely deposit and remittance information, you can increase productivity, take advantage of reduced mail, processing and check clearing float times, to making better credit and funding decisions.
- Payments are deposited into your account the same day they are received
- Increase cash flow and maximize funds availability
- Coupons are available for payments that are mailed to your company’s attention using a PO Box maintained by Grand Bank
- Email with reports sent on daily receivables