Retail Lockbox
Maximize your use of funds with our high-speed remittance process.

With our Retail Lockbox service, we can help you convert your receivables into cash quickly, efficiently and accurately – so that you can maximize the use of your funds and eliminate the hours of manual entry.

Product features

  • Enhanced efficiency — Stop opening remittance envelopes and get back to the business of selling more products
  • Lowered costs — Get significant savings per item due to economies of scale. Coupon recognition allows for a high rate of automatically processed items, keeping your costs low. Image services provide an excellent tool for customer service and research, eliminating the need for paper storage
  • Faster funds availability — The combination of our advanced technology, processing sites, and check collection network positions First Horizon Bank as one of the best nationally and regionally in lockbox reduced float*

How does it work?

Our Retail Lockbox offers a 24-hour high speed, fully automated remittance process. Payments are received through a unique P.O. Box and are processed based on business rules provided by you. The deposit is made directly to your account and remittance detail is electronically transmitted same-day for automated posting to your accounts receivable system. First Horizon Bank offers an excellent check clearing network for our Retail Lockbox clients, ensuring the best funds availability. Our image-based transaction process provides you with immediate access to remittance detail online.

Remote Deposit Capture

remote deposit
Deposit checks anytime, from anywhere, and get them processed more quickly and securely.
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Merchant Credit Card Services

Merchant Credit Card Services
Give customers the convenience of paying with multiple card types through innovative merchant solutions.
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