Quote:
Originally Posted by Bossman
Search for "LockBox" ... probably need a bigger volume to work direct with the banks, but who knows - its worth a shot  |
thaks for the advice, but you're probably right that its for bigger companies
LockBox - A service offered by banks to companies in which the company receives payments by mail to a post office box and the bank picks up the payments several times a day, deposits them into the company's account, and notifies the company of the deposit. This enables the company to put the money to work as soon as it's received, but the amounts must be large in order for the value obtained to exceed the cost of the service.