Turn paper checks into profit.
Centime's accounts receivable Lockbox software goes further than traditional lockboxes integrating directly with your receivables workflows, digitizing remittance, and depositing every payment into a high-yield account that earns 2.25% APY†† — faster, smarter, and more profitable than any lockbox on the market.
Centime provides your business with a unique PO Box where customers can send check payments. At our secure facility, checks are scanned, verified, and deposited directly into your Centime Checking Plus* account. You'll see every transaction in your portal, complete with downloadable remittance detail for fast posting.
Unlike any other lockbox, Centime deposits funds directly into a high-yield checking account (2.25% APY††) — turning every payment into an instant return.
Receive full remittance detail electronically — ready to post against open invoices without manual matching or spreadsheets.
Transfer funds out of Centime as often as you like — no limits, no restrictions, no delays.
Skip the envelope opening, scanning, and branch runs—our lockbox team handles it all with speed and accuracy.
Every deposited check immediately starts earning interest in Centime Checking Plus*—something no other lockbox provides.
Centralized processing eliminates the risk of checks being lost, delayed, or mishandled in-office.
Checks are scanned, verified, and deposited quickly—so you can put cash to work sooner.
Download remittance details in electronic form and post payments directly into our AR system—no manual data entry.
Manage lockbox activity right inside the Centime portal alongside your other receivables workflows.
| Feature | Centime | Other Lockboxes |
|---|---|---|
| High-Yield Deposits | 2.25% APY†† in Centime Checking Plus* | Standard checking, no yield |
| Secure Check Processing | Centralized facility, scanned and verified | Basic processing only |
| Electronic Remittance Files | Download-ready, post directly to AR | Manual entry required |
| ERP & Portal Integration | Fully embedded in Centime | Separate, siloed systems |
| Unlimited Transfers | Move funds anytime, no restrictions | Limited or delayed transfers |
Centime isn't just automating AR—it's part of a fully unified finance platform. From accounts payable and receivable to treasury, forecasting, and expense management, Centime centralizes your workflows inside your ERP—so your team can shift from operational busywork to strategic finance leadership.
A secure PO Box where customers send check payments. Checks are processed by a facility and deposited directly into your account.
Unlike traditional lockboxes, Centime provides electronic remittance files for easy posting, integrates directly with your AR workflows, and deposits funds into a high-yield checking account that earns 2.25% APY††.
Yes. You can transfer funds out of Centime as often as you'd like, with no restrictions or delays.
No—it enhances it. Centime's Lockbox integrates seamlessly with your AR workflows, letting you automate both electronic and paper payments in one place.
Most customers are live within 7 to 21 days, fully supported by Centime's implementation and onboarding team.
Stop wasting time handling paper checks—and start earning more from them. *Centime is a financial technology company, not a bank. All banking products and solutions are provided by FNBO, Member FDIC. FNBO is not responsible for the content of this page. **Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount ("SMDIA") at any one destination bank, a depositor's balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC. ††2.25% Annual Percentage Yield (APY) as of 12/23/25. Deposit rate may adjust to current market rate and may change daily. Fees may reduce earnings.