Control every aspect of condo lockbox payment process from beginning to end.
Our automated lockbox services are tailored to help property managers and community associations manage every aspect of your lockbox payment processing from beginning to end. We offer a comprehensive suite of innovative services, including same-day processing and reporting.
Fast. Simple. Smart.
In today’s fast paced ever changing environment our lockbox services decrease processing delays by collecting and depositing high-volume payments that improve cash flow and reduce expenses.
Our dedicated lockbox specialists work with you to set up a customized lockbox service that best suits your needs. Our user-friendly system offers multiple payment options and a nationwide network of processing centers. Missed payments and late fees can be reduced, accelerating revenue recognition, so your association can benefit from the fast, simple, smart way to manage its maintenance payment processing.
Lockbox Features & Benefits
Online payment reporting
View coupons, check images, as well as detailed and summary reports for each payment, with user security control.
Stop payment controls
Control whether or not to accept a payment for a unit owner on legal status.
Make decisions on exception items, such as a check without a coupon, before they are returned to your office.
Quickly access statements
Receive your statements within 24 hours after they are ready.
Get started in 3 easy steps.
Homeowner payments can either be made by check and mailed to the remittance address or paid electronically.
Funds are allocated
Payments are retrieved, processed and deposited on behalf of associations by PAB Lockbox Services.
Access online reports
View online images of coupons and checks from homeowners, including detailed and summary reports for each payment within 24 hours.
Additional Products & Services
We make the process easy with a minimal amount of hassle, paperwork, and a quick turn around time.
We have deposit accounts specifically geared towards community associations. Get the most for your money.
ICS® and CDARS®
ICS®, the Insured Cash Sweep service, and CDARS®, the Certificate of Deposit Account Registry Service, are smart, profit-enhancing solutions.