West Virginia State Treasurer’s Office Lockbox AgreementLockbox Agreement • November 14th, 2014 • West Virginia
The Agency requests the STO to provide a Remittance Process Plan that consists of lockbox payment processing services, including but not limited to the following: Receiving mail from the post office, opening and removing contents of envelopes, scanning and imaging contents of the mail, performing data repair functions, performing balancing functions, generating the check deposit to the Federal Reserve, depositing the funds in the specified general ledger account, generating the remittance file and delivering the remittance information to the Agency.