Online Payment Processing - iLockbox
The easy way for companies that regularly receive, process and deposit payments to manage payment processing, right from their favorite web browser.
TransAtlantic Bank’s iLockbox Service Does All the Work for You.
With TransAtlantic Bank’s iLockbox Automated Payment Processing service, you can eliminate the in-house costs associated with opening stacks of envelopes, sorting and posting payments, filling out deposit slips and making bank deposits. That’s because TransAtlantic Bank’s iLockbox service does all the work for you, giving you 24 hour online access and complete control of your account using your favorite web browser.
Your customers’ payments are sent directly to TransAtlantic Bank, where the check and coupon images are automatically captured, posted and deposited in your account - the same day they arrive.
TransAtlantic Bank’s iLockbox automatically updates your account information, balances and verifies daily deposits, flags stop payments and other exceptions for your review.
TransAtlantic Bank’s iLockbox allows you to speed up the receipt of payments and increase fund availability while reducing in-house processing expense, paperwork & collection time.
TransAtlantic Bank’s iLockbox Automated Payment Processing System is the easy way to manage your payment processing online. Call us today, our staff is eager to assist you in the friendliest and most efficient manner possible.
TransAtlantic Bank’s iLockbox:
- Save time & money; checks are mailed directly to TAB for processing
- Gain greater control over receivables and accelerate cash flow
- View Checks & Coupons Online
- View Deposits & Payments Online
- Updates payments to any accounting package (Peachtree, QuickBooks, TOPS, Quicken & more) automatically
- Option to stop payments from being posted
- Print multiple reports and much more!
