Lock Box
Typically when customers pay bills with cheques (like gas or water bills), the mail will go to a "lock box" at the post office. There a bank will pick up all the mail, sort it, open it, take the cheques and remittance advice out, process it all through electronic machinery, and post the funds to the proper accounts. In modern systems, taking advantage of the Check 21 Act, as in the US, many cheques are transformed into electronic objects and the paper is destroyed.
Read more about this topic: Cheque
Famous quotes containing the words lock and/or box:
“There warn’t anybody at the church, except maybe a hog or two, for there warn’t any lock on the door, and hogs likes a puncheon floor in summertime because it’s cool. If you notice, most folks don’t go to church only when they’ve got to; but a hog is different.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“A box of teak, a box of sandalwood,
A brass-ringed spyglass in a case,
A coin, leaf-thin with many polishings,
Last kingdom of a gold forgotten face,
These lie about the room....”
—Philip Larkin (1922–1986)