Complete the passage that follows by choosing the appropriate terms from the following list: lockbox banking, Fedwire, CHIPS, concentration banking.

Firms can increase their cash resources by speeding up collections. One way to do this is to arrange for payments to be made to regional offices that pay the checks into local banks. This is known as ____________ . Surplus funds are then transferred from the local bank to one of the company’s main banks. Transfers can be made electronically by the __________ or __________ systems. Another technique is to arrange for a local bank to collect the checks directly from a post office box. This is known as __________ .