LOCKBOX (WHOLESALE AND RETAIL) Sample Clauses

LOCKBOX (WHOLESALE AND RETAIL). (a) Description. Bank provides Lockbox Services for receipt and processing of Checks payable in U.S. and Canadian currency and other remittances and accompanying documents, including supporting remittance documents and correspondence (such as coupons, invoices, list bills and other non-Items) (“Remittance Documents”). Client will have its customers forward payments to a Lockbox or Client will forward remittances to Bank by some other means agreed to by Bank and Client.
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Related to LOCKBOX (WHOLESALE AND RETAIL)

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