LOCKBOX SERVICES

Designed for corporate-to-corporate payments, PlainsCapital Bank’s wholesale lockbox service speeds remittance payments collections, improves your company’s cash flow, and frees your employees for other tasks.

Payments are retrieved from a designated post office box several times each day and processed immediately – including deposit preparation, transportation, and data capture. Our imaging technology expedites the release of checks into the check collection system, and you can choose how those images are delivered to you.

PlainsCapital Bank brings your claims management process into the 21st century with our Medical Lockbox. This comprehensive online tool processes paper EOBs and electronic ERAs in a standardized view across all payers, provides data mining capabilities, and helps you comply with HIPPA requirements.

For high-volume retail customers, our automated data capture or optical character recognition process makes collecting information from standardized remittance documents more economical. If you’re new to retail processing, PlainsCapital can help you design and create a remittance document. We also provide deposit preparation, transportation, and data capture options to fit your specifications. Data delivery options for retail lockbox services are the same as for wholesale processing.