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Since 1980, developing countries have turned increasingly toward emphasizing:
Lockbox System
A banking service provided to companies for the collection of payment from customers, utilizing a special post office box to speed up deposits.
Cheque Clearing
The process by which banks settle transactions made by cheques, transferring money from the payer's account to the payee's account.
Short-term Financing
Funding obtained to meet immediate to short-term (up to one year) financial obligations and operational expenditures of a business.
Cash Surpluses
Excess cash that a company generates beyond its needs, which can be used for investment, dividends, or to strengthen the balance sheet.
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