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08-29-2016, 04:22 PM #1
- Join Date
- Apr 2014
- Posts
- 33
Lockbox Banks
Does anyone know of any reputable lockbox banks aside from Paysmith/US bank? If so, do you have a contact at the company? Having some issues with Paysmith recently and just looking to see what the other options may be. Any info would be appreciated!
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08-29-2016, 04:34 PM #2
i cant speak from experience but i looked into opening up a lockbox and there are many mainstream banks that offer them. the issue is handling the payment processing which is the service paysmith provides - if you open a regular lockbox account you'd have to do all of that processing manually i believe. correct me if i'm wrong, always looking for cheaper options.
Anthony Diamond
Underwriter
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