The Wholesale Lockbox service enables your debtors to send their cheque payments and associated remittance advices directly to HSBC for processing on your behalf.
Features and Benefits
Improve your cashflow through efficient and fast reporting
Enable your overseas customers to pay you locally in that country, without the need for you to establish a staffed accounting office in that country
Provides you with comprehensive detail on your cheque receivables
Gives you online access to cheque and invoice images for cheques and invoices collected
Comprehensive reports are available in text and CSV formats and can be delivered via HSBCnet
You can access reports and make cheque status and transaction enquiries at any time
Up to date information for better credit control, cash flow management and customer service