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New Lockbox Address and Remittance Instructions Action Required 2025

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The document informs recipients of a new lockbox address for remittances, effective immediately, to ensure timely payment processing. It provides both the new standard and overnight lockbox addresses, along with ACH and wire transfer payment instructions for Main Tape Company, Inc.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the new lockbox address provided. Fill in the fields for 'Main Tape Company, Inc', 'PO BOX 84010', and 'Chicago, IL 60689-4002'. Ensure accuracy to prevent payment delays.
Next, locate the section for ACH Payment Instructions. Input the Beneficiary Bank details: 'Fifth Third Bank', along with its address and ABA number. Complete the Beneficiary Account Number and Name fields accurately.
If opting for wire transfer, fill in the Wire Instructions section with similar details as above, including SWIFT Code. Double-check all entries for correctness.
Review all information entered to ensure completeness and accuracy before finalizing your document.

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What is a lockbox remittance address?

Key takeaways Lockbox solutions allow your customers to send their check payments directly to a secure post office box. Your bank then collects, processes and deposits these payments into your account. Lockbox services expedite your check payment processing, improving your cash flow and operational efficiency.

What does lockbox mean in USCIS?

A remittance address should look just like a normal address. It may be a physical address, a P.O. box, or in some cases, if the business uses a bank to process payments, it will be the address of the bank. For remittances sent abroad, the address should look like a normal address in the recipient country.

What does a remittance address mean?

A lockbox payment is the check, money order, or other payment type made to a designated location, such as a post office box. A bank collects and processes these payments on behalf of the business.

What does new remittance address mean?

A remittance address, or remit-to address, is an address where one may receive and send payments, such as cheques and invoices or any other form of payment. A remittance address is useful for individuals or companies to receive international payments. There is no limit on what address you can use.