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Collections Solutions

Reduce your business’ collection uncertainty, increase efficiency and accelerate cash flow for your business or organization with our collections solutions.

CIT's collections solutions

Gain greater control over the timing and management of your deposits with our variety of collections solutions.

Service descriptions

ACH services

Set up recurring pre-authorized debits with your suppliers and customers to automate payment processing. Our Automated Clearing House (ACH) services are a convenient, low-cost, and flexible way for your business to make payments and receive funds.

Cash vault

Make deposits, order cash and reduce trips to the bank with the convenience and security of cash vault services. Our nationwide cash vault network features highly efficient equipment that automates every step of the process and enables you to make secure cash deposits both locally and nationally 24/7. You will receive same-day credit on properly prepared cash and coin deposits that are received by the published deadline for each vault location. 


Our lockbox service enables you to safely and conveniently collect check payments both locally and nationwide. Using our state-of-the-art imaging platform, your deposits will be processed remotely with same-day access to check and remittance images online. Moving your remittance processing procedure offsite will help you gain increased efficiency and reduce costs associated with in-house processing.

Deposit reconciliation

Track deposits from multiple locations and reconcile deposits into a single account for greater operational and cost efficiencies. Summary statements and activity reports of all deposits by location are available through our secure Business Online Banking website. Deposit activity can be downloaded into a file format that can be uploaded into your accounting software, or into a PDF format for printing, thereby simplifying your reconcilement processes.

Electronic check service

Authorize and electronically process checks at the point of sale to improve collections and reduce the risk of accepting bad or fraudulent checks. We offer electronic check services to business clients through a referral relationship we have. This service is a comprehensive solution for check acceptance including authorization, settlement, and collections.

ePayment processing

Offer convenient payment options to your customers by accepting payments through your company's website. Our ePayment processing service is a comprehensive solution designed to interface with your existing website. 

Remote deposit capture & image cash letter

Deposit checks from the convenience of your office with our remote deposit capture service. Scan checks and transmit scanned images to CIT for posting and clearing via a desktop scanner in your office. Deposits can conveniently be made on a daily basis including after the close of business or on weekends or holidays, and are usually processed the next business day.

Our image cash letter service allows you to use your existing imaging infrastructure to capture checks received at your operating locations. Electronic images of your checks are transmitted to CIT for clearing, eliminating the time and cost of sorting and shipping checks to the bank.


Check authorization services provide a safe and secure method for accepting checks. For businesses that want to accept varying forms of payment including checks, TeleCheck is a comprehensive solution for check acceptance including authorization, settlement and collections. The solution also offers a warranty option for "peace of mind" over returned check liability.

Merchant services

We offer state-of-the-art, competitively priced merchant credit card processing services. A professional sales and service staff member will assess your needs and then deliver a comprehensive solution specifically tailored to you.

Contact us today

Our mission is simple: to understand your business banking needs and challenges, and provide customized solutions to help you improve your financial operations, generate efficiencies, and increase profitability. Learn how we can help.

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Solutions you can trust

CIT’s treasury management products are provided by CIT Bank, N.A.