Lockbox: Difference between revisions
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''Cash management'' | |||
A collection system in which a bank or a third party receives, processes, and deposits a company’s mail receipts. | A collection system in which a bank or a third party receives, processes, and deposits a company’s mail receipts. | ||
Also known as a lockbox processor. | Also known as a lockbox processor. | ||
== See also == | == See also == | ||
Revision as of 11:17, 13 December 2016
Cash management
A collection system in which a bank or a third party receives, processes, and deposits a company’s mail receipts.
Also known as a lockbox processor.
