Receivables for Your Business
We have solutions for managing and expediting receivables for your business.
We have solutions for managing and expediting receivables for your business.
When you're busy managing your day-to-day business activities, the last thing you need to worry about is making multiple trips to the bank. With our remote deposit capture services, you can deposit checks from the convenience of your office.
Reduce the number of days it takes to collect and post your mailed-in payments with our lockbox solutions.
Our solutions are designed to help make your cash handling processes more secure and efficient. We will work with you to establish deposit pick-up service, change order service or both, depending on your needs.
With our help, you can offer the convenience of payment flexibility, including the ability to accept credit and debit cards2, checks, gift cards and payment via digital wallet.
Save Your Business Time and Money
Talk to Old National Treasury Management about solutions for managing and expediting receivables.
When you're busy managing your day-to-day business activities, the last thing you need to worry about is making multiple trips to the bank. With Remote Deposit, you can deposit checks from the convenience of your office.
Benefits
Reduce your time spent processing payments with one of our Lockbox solutions.
Retail Lockbox
Collecting receivables may be a small task for some businesses — but not yours. No need to hire extra help or purchase expensive processing equipment to open, process and post payments every day. Use the Retail Lockbox to save you time and money while gaining efficiency in posting payments.
Wholesale Lockbox
Collecting receivables for deposit can be time-consuming and costly for any business. The Wholesale Lockbox is a tailored service that will save you time and money by speeding the collection of receivables and processing payments. This service allows you to receive information in a wide variety of channels, including secure email and web.
Counting cash, preparing deposits and taking trips to the bank are time consuming and put your employees at risk. By enrolling in our Cash Vault solution3, you can eliminate those issues. With Cash Vault, you select an armored courier to visit your business on a scheduled basis to meet your cash processing needs.
Benefits
Reduces risk of holding or transporting excess cash
Eliminates time to drive to bank to make deposit
Change orders can be transacted online or by phone
Cash deposits posted to your account on the same business day when received by your location’s cut-off time
Cash Delivery
Order your desired quantity of currency and coin denominations and have them delivered to your business with your next scheduled armored courier visit.
Deposit Pick Up
1 Not all accounts qualify for mobile banking. Deposits subject to verification, not available for immediate withdrawal; see terms in app. There are no Old National fees to use mobile banking; however, there may be charges associated with data usage on your phone. Check with your wireless carrier for more information.
2 Credit and debit card acceptance service is subject to credit approval by Elavon.
3 Cash vault service not available in all areas. Contact an Old National Treasury Management Consultant for details.
4 Smart safe services not available in all areas. Contact an Old National Treasury Management Consultant for details.
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