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Lockbox for Research Payments
In August 2010, the Treasurer’s Office and Research Accounting Services teamed up to create a new lockbox with PNC Bank for handling research related payments. Lockbox banking simplifies the collection and processing of account receivables by having payments mailed directly to a location accessible by the bank. A lockbox benefits the University by improving our internal controls over cash receipts and enables the University to receive cash as soon as the check is processed in the lockbox.
Lockbox Mailing Address
Temple University Research Accounting Services
P.O. Box 824242
Philadelphia, PA 19182-4242
For overnight courier mail that requires a street address use:
PNC Bank
c/o Temple University Research Accounting Services
Route 38 & East Gate Drive
Moorestown, NJ 08057
Identify the Lock Box in New Sponsored Agreements and Clinical Trials
When entering into new sponsored agreements and clinical trials please include the lock box address as the preferred location for payments.
Benefits of Using the Lock Box
- Saves time by eliminating the need to visit the Bursar’s Office for Processing of research related payments. We encourage you to mail payments that you receive in your departments directly to the lockbox with the related backup.
- Eliminates the need to obtain approval from Research Accounting for the deposit.
- Allows for immediate processing to your grant account in Banner Finance.
- Documentation related to the payment is on file with Research Accounting Services for future reference.
If you have any questions concerning the lockbox or how to best utilize it, please feel free to contact one of our Research Accounting Specialist by email at ras@temple.edu.
MAILING ADDRESS:
Research Accounting Services
Temple Administrative Services Building
1852 N. 10th Street (083-11)
Philadelphia, PA 19122
PHYSICAL ADDRESS:
Research Accounting Services
Temple Administrative Services
Building
2450 West Hunting Park Avenue
Philadelphia, PA 19129
CONTACT INFORMATION:
Phone: (215) 926-2062
Fax: (215) 926-2022
Email: ras@temple.edu
OFFICE HOURS:
8:00am - 5:00pm