Definition of lock box service

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TeachMeFinance.com - explain lock box service



lock box service -- a service performed by a vendor in which customers' incoming payments are picked up from a Post Office box and processed.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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