Receivables Solutions
Lockbox
Simplify the way your business receives payments.
Automate the processing of your business receivables through a centralized lockbox. Utilizing a comprehensive lockbox solution streamlines payment processing, ensuring quicker access to your funds.
- Saves time: Reduces mail float and manual processes
- Convenience: Provides timely information for payment posting and cash flow
- Security: Improves audit controls and data accuracy
Did you know? Lockbox options can help your business get paid two to three days faster.
Business processes made easy.
- Your customers mail their payments to a designated Post Office Box
- All payments are retrieved, sorted, and batched for processing
- Checks and remittance documents are imaged and/or payor data captured according to your instructions
- All funds are deposited same day into your business account
- All remittance data and document
Business Remote Deposit Capture
It’s time to change the way you deposit checks.
Remote Deposit Capture allows your business to efficiently scan multiple high-value checks and transmit them directly to Greenville Federal Credit Union. This electronic deposit system allows you to submit deposits at your convenience, with funds becoming available as early as the next business day. Deposit checks one at a time or in a batch.
- Convenience: Deposit checks when it’s convenient for you, one at a time or in a batch
- Flexibility: Gain access to later deposit cut-off times
- Savings: Significantly reduces collection float
Did you know? Scanners facilitate the deposit of up to 50 checks at once, streamlining the process for increased efficiency.
Deposits made easy.
- Scan multiple checks in a single batch
- Confirm the total amount and submit the deposit
- After scanning, securely retain the paper checks until the funds are cleared
- Deposit ticket and check images are processed and deposited into your bank account
Merchant Services
We offer efficient and cost-effective merchant services for businesses of all sizes and types.
- Accept all major credit/debit cards, EBT, Voyager, and Wright Express
- Quick and seamless startup
- In-house customer service
- Real-time reporting
- Electronic statements
Solutions include:
- Countertop and smart terminals
- Point-of-sale systems
- Mobile payment options
- eCommerce solutions
- Nice market solutions
- Eliminate payment expense with Buyer’s Choice which allows you to offer a dual price at checkout by automatically configuring a cash price and a card price with payment fees built in.
Lockbox
Remote Deposit Capture
Merchant Services
Request information.
Greenville Federal Credit Union offers a variety of services that offer strong treasury infrastructure to serve your business management needs. You can request additional information about our Treasury Management services by submitting this form.