lock box
lock box
English Definitions:
Lock box
Lockbox banking is a service offered to organizations by commercial banks that simplifies collection and processing of account receivables by having those organizations' customers' payments mailed directly to a location accessible by the bank.
lock box
In banking, a lockbox is a service offered to organizations by commercial banks to simplify collection and processing of accounts receivable by having those organizations' customers' payments mailed directly to a location accessible by the bank.
lock box
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"lock box." Kamus.net. STANDS4 LLC, 2024. Web. 17 Apr. 2024. <https://www.kamus.net/english/lock+box>.
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