HOA Lockbox
Efficient Payment Processing
Our Lockbox service is an effective cash management tool that can improve your cash flow. It speeds up collection of community, homeowners or timeshare resort association assessments. With HOA Lockbox1, we establish a post office box for your management company. From there, assessment payments can be quickly delivered, processed and deposited into your HOA accounts each day.
Contact Us- Reduces internal processing and handling.
- Eliminates preparing deposits and making trips to the bank
- Speeds up receivables collection.
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Provides daily remittance information and thorough documentation of all payment activity, including online payments made through our ePay Portal via credit or debit cards and homeowner's checking or savings accounts.
Why Work with the Association Banking group?
Our HOA Lockbox saves you time and money, while improving efficiency, since it:
- Reduce your clerical workload.
- Gain outside audit control
- Enjoy timelier updating of accounts receivable ledgers.
- Review deposit reports online.
More Accuracy—and Less Hassle
HOA Lockbox can help you:
1. Funds deposited through the Lockbox will follow Sanson Royal Capitol’s funds availability policy as outlined in the Deposit Account Agreement Disclosure.