FundSvcs Community

  • 1.  Lockbox Service

    Posted 12-02-2019 11:17 AM

    Hello everyone – we explored moving to a lockbox and decided to take the plunge.  We worked with our institution bank and there is a lockbox facility in our city (Los Angeles).  We thought everything was ready, but found out that we cannot use Business Reply Mail envelopes with the lockbox, unless we have a CALLER BOX SERVICE with CLOSED FORWARD.  All of this is news to us.  Our current BRM envelopes come to our street address and we were told we would be assigned a PO Box # by the bank. 


    Are there any non-profits in the Los Angeles area who have moved to a lockbox?  How did it go?  Thanks-


    Kirsten Jasna