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Lockbox Processing
Lockbox processing is the receiving, examining
and processing of deposits by BancorpSouth on the customer’s behalf. One of
the most important goals of a business is to turn incoming receivables into
usable cash with maximum speed, efficiency and accuracy while updating
accounts receivable as soon as possible. BancorpSouth can provide a
tailor-made lockbox service to aid in accelerating the cash collection process
while reducing the customer’s office workload.
BENEFITS:
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