Solutions

Lockbox is a value-added service that companies utilize to improve cash flow and streamline payments at a much lower cost than what is provided by traditional financial institutions. FEDChex’s Lockbox is customized for its clients and provides extra services such as printed statements and check conversion to IRD or ACH. FEDChex also manages returns via electronic recovery and traditional collections, a patented treasury management service combined with the industry’s only consumer-centric, electronic loss prevention system and boasts higher than industry-average recovery rates.