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Do you receive payments via U.S. mail? Are you spending time posting payments and preparing deposits? If you have a lockbox solution, is it going to a local PO Box? Our local lockbox solution helps you run your business more efficiently by cutting down on employee time, eliminating inefficient tasks, and speeding up funds availability.

Efficient, Easy Remittance Processing From PyraMax Bank

PyraMax Bank’ s Wholesale Lockbox is a convenient cost effective payment collection system that helps streamline your work flow by outsourcing your receivables processing to a trusted partner.

PyraMax Bank’s Lockbox system offers same-day processing and next day availability which means your money goes to work faster and improves cash flow.

Payments are picked up by trained bank staff or a bonded courier, eliminating the need for an employee to go to the post-office to pick up payments. Our expert staff creates the deposit and posts it to your account, using an image-based Lockbox system, as opposed to a traditional manual accounts receivable method. Our trained, local personnel, practice a double verification balancing process to ensure accuracy, and we monitor efficiency and quality by continually reviewing processing benchmarks.


  • Quality control
  • Same-day processing
  • Immediate access to data
  • Reduces potential of theft, fraud, and error
  • Payments are picked up by a trusted employee or bonded-courier
  • No need to post payments or prepare deposits
  • Allows you to reallocate or eliminate time for your own staff to process
  • Transmission for automatic A/R posting
  • Securely view images and reports online same-day
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