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Collection

Increase the collection speed of receivables and accelerate your cash inflows.

  • Retail/Property Management Lockbox – Enjoy timely customer payment processing with easy access to updated data from our secure server 
  • Cash Concentration – Ideal for businesses with multiple locations that wish to concentrate their funds
  • Preauthorized Direct Debit - Automates the collection process by authorizing automated debits for recurring items like membership dues, rental payments, etc.

For more information on how you can take advantage of TowneBank's Treasury Services, please contact your Hometown Banker.



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