BB&T can convert your company's receivables into cash quickly. We can help you manage incoming cash flow by streamlining your processes for recurring payments, check returns, check recovery, check deposits and lockbox services. We will determine what payment processing options are appropriate for your business today and continue to support you as your business grows.
If you receive recurring payments from your customers, ACH Preauthorized Draft services from BB&T can streamline the process of collecting receivables and processing payments, saving you time and money and improving your cash flow.
Centralized Returns services will consolidate all of your business’ returned checks into a single bank facility, even if you use multiple depository banks nationwide. All unpaid returns are promptly delivered to you or to your collection agent, accelerating your collection process.
CheckTRACK complete check recovery service from BB&T is today’s best alternative to traditional check collections, allowing your business to accept checks knowing that any eligible returns will be electronically re-presented through the ACH network, increasing the likelihood that they will clear.
An innovative system that makes "self-service" deposits a reality, BB&T OnSite DepositSM allows you and your employees to deposit incoming checks into your BB&T commercial account remotely, without ever leaving the office, regardless of where you are located.
Remittance Processing services from BB&T help reduce mail, processing and deposit delays to keep your business running smoothly. Choose from AR-BOX® electronic lockbox, Retail Lockbox, or Wholesale Lockbox for the service that will meet your total receivables system needs.