January 2018 - Lighthouse Payment Services

The image cash letter: How lockbox providers electronically clear checks

by Michael Tempesta | Jan 10, 2018 | Blog Post

You may never have heard of an Image Cash Letter before, but this little advancement has completely revolutionized how banks clear checks. Not that long ago, checking account holders were used to getting their physical paper checks returned to them with their...

The image cash letter: How lockbox providers electronically clear checks

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