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Banking System By Lockbox



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By : Benedict Perez    99 or more times read
Submitted 2009-11-03 08:52:27
The lockbox is more of a system than a tool. It is generally used in banking as a form of mailing system which involves payments. This system if offered by the banks to companies or clients in a special office box to be picked up several times a day as there several payments made in a day.

It is understood that the amount involved should be in large sums to cover up the costs incurred by the bank for the service rendered. The customers deposit to lockbox in the post office payments which the bank picks up the money. The bank deposits the money into the client or companys name and will notify the company of the said deposit. The company must to confirm the amount received or picked.

The difference between this special post office box and a regular post office box is that only your customers' payments are delivered to the box. Instead of you picking up the payments, your bank's couriers have a key to the post office box, and they remove its contents and deliver your customers' payments to your bank. Your bank opens the payments and then processes the payments for deposit directly into your bank account.

Another type of lockbox is refers to another form of system. This time this is a software security enabling you to protect any file or folder in your computer with a password. This system is contained in a lockbox. The lockbox is the administrator itself and very impossible to be accessed from any local computer or from the web. This is very easy to apply if you can set the lockbox location and the password during the set up process. After the set up is done, lockbox will be hidden and locked after you enter the valid password.

You may be interested in any of these types of peculiar lockbox. You can always browse online to know of its specific functions. These two distinct systems are truly amazing as a lockbox.

Author Resource:

A Lockbox allows you to keep important keys in a safe and secure place. You have nothing to worry because it is only you and other authorized individuals who can access this device. It is like leaving home and never need to worry about anything. Simply visit this site at www.wholesalelocks.com for selections of these items

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