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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USA Primary Number: PDUTY (73889), 42752, or 43105. 1  Canada Primary Number: 604-210-6232. 2  United Kingdom: +44 2033 224573. 3  Australia: +61 416 906 354. 4  Spain: +34 911 067 132. 5  Hungary: +36 70 717 7404. 6  Other European Countries: +44 7860 026813. 7  All Other Countries: Numbers Vary*.