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lockbox account

См. также в других словарях:

  • lockbox — (1) A cash management arrangement designed to reduce delays in depositing funds into the payee s bank accounts. A post office box that is established by a bank to receive checks for its cash management customers. Lockboxes are utilized to… …   Financial and business terms

  • Lockbox — A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box that the firm directs its customers to send payment to. The banks make several collections per day, process the payments… …   Financial and business terms

  • Lockbox Banking — A service provided by banks to companies for the receipt of payment from customers. Under the service, the payments made by customers are directed to a special post office box, rather than going to the company. The bank will then go to the box,… …   Investment dictionary

  • lockbox — / lɒkbɒks/ noun US 1. a box at a post office which can be rented and can be opened only by the person or company renting it 2. a system where cheques sent to a Post Office box are picked up and deposited in a bank account …   Dictionary of banking and finance

  • Cash management — In United States banking, cash management, or treasury management, is a marketing term for certain services offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to… …   Wikipedia

  • Lock box — banking is a service offered by commercial banks that simplifies collection and processing of account receivables by having payments mailed directly to a location accessible by the bank.GeneralIn general, a lockbox is P.O. Box that is accessible… …   Wikipedia

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