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A service that a bank provides in which is processes payments for a company. The company directs its customers to send payments to a lockbox at the bank, whose employees then collect the payments and deposit them directly into the company's account. A lockbox reduces time between the receipt and processing of payments, which can be beneficial for the company using the service. On the other hand, it opens the possibility of fraud by bank employees, who could theoretically steal the payments by taking the funds from the payments and not depositing them.
What else can I help you with?
How to disable 1996 Nissan Pathfiner security system?
have you got a key lock inside your glovebox? our 93 pulsar has a special key that fits a lock that is in the gove box, it turns the system off and on.
When was Three Lock Box created?
Three Lock Box was created on 1982-11-30.
How do you crack a vaultz lock box?
If the Vaultz lock box has a combination lock, you need the combination to open and/or reset it. If it has an actual key lock, one can be ordered from the company.
What is a lock box?
a box made of steel or other sturdy material in which you can put valuable items and lock it
How safe is a combination lock box?
A combination lock box is very safe for protecting goods. However, it depends on the type of lock, the type of material that the box is made from in order to determine how safe it is.
What will reduce a firm's collection float?
Lock-box system: Under this system, firms hire a post office lock-box at important collection centres. Lockbox system is a collection procedure in which payers send their payments/cheques to a nearby post box that is emptied by the firm's bank several times and the bank deposits the cheque in the firm's account. It reduces the float by shortening the lethargy as well as postal and bank floats. installing a lockbox system is answer
Does a Jeep Wrangler have a lock box for your belongings?
best top makes a lock box for under the driver seat
What is the electronic box on my 1988 Chevy truck's brake master cylinder?
i was told it is the anti lock brake system And you were told wright.
How do I repair a broken glove box lock VW Passat?
I don't know the answer but any glove box lock is a joke. I would just replace it but never lock it.
Gate code for lock box in tyler tx?
The gate code for lock box in Tyler Texas is not static, it is dynamic.
How do you reset the Pass Lock system in a Saturn sl1?
The easiest way to reset the pass lock system is to remove the fuse. The location of the fuse can be found on the inside cover of the fuse box. Keep the fuse out for 10 seconds and replace it to its original slot.
What are the release dates for Lock Box - 2015?
Lock Box - 2015 was released on: USA: 1 January 2015 (DVD premiere)
