Lockbox That Pays You: Earn 2.25% APY†† While Streamlining Check Deposits
Turn paper checks into profit.
Hands-off processing. Hands-on visibility.
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.
Turn checks into returns.
Unlike any other lockbox, Centime deposits funds directly into a high-yield checking account (2.25% APY††) — turning every payment into an instant return.
Every check, digitized.
Receive full remittance detail electronically — ready to post against open invoices without manual matching or spreadsheets.
Your money, your choice.
Transfer funds out of Centime as often as you like — no limits, no restrictions, no delays.
Why Finance Teams Rely on Centime's Lockbox
No More Manual Check Runs
Skip the envelope opening, scanning, and branch runs—our lockbox team handles it all with speed and accuracy.
Earn 2.25% APY†† While You Wait
Every deposited check immediately starts earning interest in Centime Checking Plus*—something no other lockbox provides.
Lower Risk, Higher Security
Centralized processing eliminates the risk of checks being lost, delayed, or mishandled in-office.
Faster Deposits, Faster Cash Flow
Checks are scanned, verified, and deposited quickly—so you can put cash to work sooner.
Electronic Remittance at Your Fingertips
Download remittance details in electronic form and post payments directly into our AR system—no manual data entry.
Built Into Centime
Manage lockbox activity right inside the Centime portal alongside your other receivables workflows.
Why Centime's Lockbox Beats Other AR Lockbox Tools
| Features | | 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 |
Built for Modern Finance Teams
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.
FAQs
What is a lockbox?
A secure PO Box where customers send check payments. Checks are processed by a facility and deposited directly into your account.
How is Centime's lockbox different?
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††.
Can I still move money to my existing bank?
Yes. You can transfer funds out of Centime as often as you'd like, with no restrictions or delays.
Does this replace my existing AR process?
No—it enhances it. Centime's Lockbox integrates seamlessly with your AR workflows, letting you automate both electronic and paper payments in one place.
How long does it take to get started?
Most customers are live within 7 to 21 days, fully supported by Centime's implementation and onboarding team.
Ready to Turn Check Payments Into a Profit Driver?
Stop wasting time handling paper checks—and start earning more from them.