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Is lockbox a layout used in all the systems and banks globally?

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edited Feb 15, 2023 5:26AM in Receivables & Collections 4 comments


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Is lockbox a layout used in all the systems and banks globally for importing the receipts? Oracle provides a FBDI file for Lockbox which generates a flat file which is not usually like the CSV files generated by other FBDI sheets. Is this flat file (generated by the FBDI sheet) a standard layout accepted globally by majority of the systems? like we have EDI formats which is used by many systems for importing invoices, POs, etc.

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