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Wholesale Lockbox

Wholesale Lockbox is a service designed to accelerate the processing and collection of payments you receive from your customers, usually low volume, high dollar transactions.

How Does It Work?
Customer remittances are mailed to your company using a unique address and zip code maintained only by BOk at the main post offices in both Tulsa and Oklahoma City. Acting as your agent, BOk picks up the mail, processes the payments and makes a deposit to your account before sending everything to you including photocopies of the checks. The bank customizes a program that fits your specific needs including options to automatically update your accounts receivable system.

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