[Yankeeman07]

Yankeeman07 needs to learn what a lockbox is and how it works. The reserve is used to cover the monthly processing fees since fees will be deducted from the lockbox account and not the merchant's bank account. The reserve prevents the account from becoming overdrawn once fees are deducted. Lockboxes are bad for the merchant with numerous NSFs because it adds up to 48 hours for credit card funds to clear to his checking account. If he was having difficulty managing his bank account without a delay, the 2 day delay will only make things worse for him.

Beg your pardon, but, the main purpose of a "Lockbox" is to negate any NSF days. If the merchant is to receive 5K in deposits and his
payback percentage is 20% - he receives 4K in his bank account. Credit card funds are ACH which are immediately credited to a merchants account, or at least show pending that day and most banks give access to those funds.