Retail Lockbox

Since we utilize state-of-the-art, automated processing equipment that captures images of all checks and remittance documents, 80% of the payments Sovereign handles can be captured, processed, proved, and posted without any human intervention. This helps to lower the cost of remittance processing and ensures maximum quality.

After processing, transmissions and balance reporting to your Accounts Receivables systems can be tailored to your specifications, and are provided to you on a number of media and through several delivery channels.

Our Retail Lockbox service serves the Northeast and Mid-Atlantic regions from facilities in Massachusetts and New Jersey.