Lockbox
Bypass your office-based collections process and speed up receivables with Mercantile Bank's lockbox services.
Retail Lockbox
Speed collection of low dollar, high volume payments.
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Requires the use of computer readable payment coupons.
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Update your accounts receivable information daily.
Wholesale Lockbox
The wholesale lockbox is ideal for high dollar, low volume payments.
- Mailed payments are redirected to Mercantile Bank through the use of a unique post office box address.
- Deposited funds are posted to your account immediately.
- Copies of checks and corresponding documents are returned to you for your records.
For more information on how your business can benefit from our services, submit a contact form or call our customer support center at 877-255-6386.
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