The cash management service in which cheques (customer payments) are delivered to a special post office (PO) box instead of being delivered to the business address is called __________.Options Positive pay Lockbox Armored car service Reverse positive pay
Question
The cash management service in which cheques (customer payments) are delivered to a special post office (PO) box instead of being delivered to the business address is called __________.Options Positive pay Lockbox Armored car service Reverse positive pay
Solution
The cash management service in which cheques (customer payments) are delivered to a special post office (PO) box instead of being delivered to the business address is called Lockbox.
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