Lockbox Services. In order to simplify the collection process for Customer, Bank can establish a post office box for Customer and Customer may direct its clients to send payments to such post office box. Bank subsequently collects, processes and deposits such payments into Customer’s account with Bank. If lockbox services are requested, a Lockbox Agreement must be executed by Customer and Bank in addition to these Terms.
Appears in 4 contracts
Samples: www.axosbank.com, Banking Account Agreement, Banking Account Agreement