123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

Get To Know Lockbox Filing Tips For Ins Forms

Profile Picture
By Author: Nancy Mervin
Total Articles: 56
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A service offered to organizations by commercial banks that simplify collection and processing of account receivables by having those organizations' customers' payments mailed directly to a location accessible by the bank is Lock box banking. A lockbox in general is a Post office box (PO box) that is accessible by the bank.

A company may set up a lock box service with their bank for receiving customer’s payments. The company's customers send their payments to the PO box. Then the bank collects and processes these payments directly depositing them to the company's account. Typical costs are around $100 per month with per-item fees for basic service, and upwards of $500 for businesses with high check volume.

Also called 'Remittance Services' or 'Remittance Processing', Lockbox services is when a company maintains special mailboxes in different locations around the country and a customer sends payment to the closest lockbox. The company then authorizes a bank to check these mailboxes as often as is reasonable, given the number of payments that will be received. Because the bank is making the collection, the funds ...
... that have been received are immediately deposited into the company’s account without first being processed by the company’s accounting system, thereby speeding up cash collection. USCIS also uses this service for INS Forms.

General Tips to remember while filing INS forms

• It’s important to read and follow all form instructions for fees, filing location, and eligibility requirements.
• Ensure all entries are neat and legible if hand writing your application.
• Be sure to keep your information within the box or space provided When entering information on your application or petition.
• Use black or blue ink only. On your application Do NOT use highlighters or red ink as they may make your materials undetectable when scanned.
• The correct edition of the form should be used. FREE download on the USCIS website of the correct, most current edition of every USCIS form is always available.
• The data fields should not be grayed out on the printed forms. Data fields will not be detected by the machine scanners of information entered into grayed-out area.
• You should provide all required supporting documentation and evidence.
• English translation of the supporting documents written in a language other than English must be included.
• Your application must be signed.
• All pages of the application must be mailed surely.
• It’s recommended that you begin with a new form if you must change your form, rather than trying to white out information. This is to avoid processing delays or rejection of forms as scanners may see through the white correction tape or fluid and make your form incorrect.

Payment of Filing Fees

• Checks must be made payable to U.S. Department of Homeland Security. The INS Forms instructions must be read for additional details.
• For each application in the package and biometric fees its suggested that you use a separate check or money order. If a single check is submitted for multiple applications and one of the applications must be rejected, then all applications will be rejected. The Lockbox cannot accept overpayment and make partial refunds.
• Depending upon your age and the benefit for which you are applying note that the requirement for biometrics fees varies. Based upon age and benefit ensure the biometric fees submitted are correct.

Total Views: 170Word Count: 535See All articles From Author

Add Comment

Legal Articles

1. India Joint Ventures Demystified: Legal Structures, Tax Benefits, And More
Author: Ahlawat and Associates

2. How Criminal Defense Attorneys Can Serve Clients From Diverse Backgrounds
Author: glennrroderman

3. Maximizing Investments: Legal Tips For Smart Real Estate Ventures
Author: Robert J. Incollingo

4. Xbrl Outsourcing: Streamlining Financial Reporting For Businesses
Author: seedling associates

5. How To Prepare For Your First Meeting With A Personal Injury Attorney In Phoenix
Author: charlottehenry

6. Online Gaming License In India: Navigating The Regulatory Landscape
Author: seedling associates

7. A Comprehensive Guide To Iso Company Registration In India
Author: seedling associates

8. Google Rolled Out Made In India Pixel 8 Smartphones For The First Time
Author: Dev kumar

9. A Simple Guide For Starting An Ecommerce Business In The Uk As A Foreigner
Author: The SmartMove2UK

10. Succession Certificate Simplified: How To Navigate The Application Process
Author: NRI Legal

11. From Planning To Execution: Comprehensive Business Setup Services In India
Author: Ahlawat and Associates

12. Your Complete Guide To Saudi Police Clearance
Author: anzilanx

13. How The Supreme Court Decides On Bail: Insights And Procedures
Author: Aditya shah

14. How To Choose The Right Fingerprint Agency In Surrey, Bc
Author: Hardik Shah

15. Qatar Pcc For Tourists: Is It Necessary?
Author: shareeba

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: