The Mesa Bank is offering your company the use of their lockbox services.They estimate that you can reduce your average mail time by 2 days and they can save you a combined clearing and processing time of 1.5 days by putting the cheques into the clearing system sooner.The firm receives 320 cheques a day on average written for €2,500.The current T-Bill rate is 4% or .0107% per day.If Mesa will charge your firm an annual fee of € 35,000 and € .20 per cheque handled will you accept Mesa's services?

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The Answer of The Mesa Bank is offering your company the use of their lockbox services.They estimate that you can reduce your average mail time by 2 days and they can save you a combined clearing and processing time of 1.5 days by putting the cheques into the clearing system sooner.The firm receives 320 cheques a day on average written for €2,500.The current T-Bill rate is 4% or .0107% per day.If Mesa will charge your firm an annual fee of € 35,000 and € .20 per cheque handled will you accept Mesa's services?

The Mesa Bank Is Offering Your Company the Use of Their