The Mesa Bank is offering your company the use of their loclbox services. they estimate that you can reduce your average mail time by 2 days and they can sava ypu a combined clearing and processing time of 1.5 days by butting the checks into the clearing system sooner. the firm recives 320 checks a day on average written for $2,500. the current T-Bill rate is 4% or .0107% per day.
-Refer to the above scenario.If Mesa will charge your firm an annual fee of $35,000 and $.20 per check 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 loclbox services. they estimate that you can reduce your average mail time by 2 days and they can sava ypu a combined clearing and processing time of 1.5 days by butting the checks into the clearing system sooner. the firm recives 320 checks a day on average written for $2,500. the current T-Bill rate is 4% or .0107% per day.
-Refer to the above scenario.If Mesa will charge your firm an annual fee of $35,000 and $.20 per check handled will you accept Mesa's services?

The Mesa Bank Is Offering Your Company the Use of Their