A lockbox account is usually a designated post office box which has the company name but the customer payments are actually received by the bank. SAP lockbox utilization results in two primary business benefits: funds collection and remittance information delivery. The major benefits are that the company is able to recognize the funds more quickly, and the customerâs check is cashed in a more timely manner.
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In case cheque book or your card continues to be lost or stolen, report it by calling NatWest contact phone number 0370 600 0459. NatWest Fraud Contact Number NatWest customer services number 0800 161 5149 free number when you have found any suspicious actions or transactions in your Private Current account to report.