Flushing Bank’s Lockbox service automates the processing of your receivables. For businesses that receive a large volume of collections/funds via check, Lockbox is an ideal way to lower costs and improve productivity.
By providing full collection processing, image capture, and retrieval functionality through a secure website, Flushing Bank’s Lockbox service enables you to bridge the gap between paper and electronic financial transaction processing.
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Secure Safe Solutions is an additional Cash Service that Flushing Bank offers. As your business collects more cash, your risk of losing profits to theft and error increases. A lot of your time is spent counting and recounting cash, balancing statements, reconciling accounts, and preparing bank deposits. If this sounds like part of your business routine, then the Secure Safe Solutions on-site safe will help with your cash management needs.
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With Flushing Bank’s Cash Manager Direct and a Flushing Bank Business Checking account, you can accelerate and streamline the collection of payments from clients by originating Automated Clearing House (ACH) debit transactions. ACH enables electronic transfers between financial institutions and offers many benefits:
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