SECTION 4.03 – RETURNED CHECKSContact: Accounting @ Extension 4175A.
Overview
The bank sends all “NSF” (Non-Sufficient-Funds) checks or checks returned forany other reason directly to the accounting office.
In collaboration with accounting, sites have a responsibility to
track the status of payment on these obligations so that in the event of nonpayment, other services or privileges can be withheld from the parent/student asapplicable.
? The charge will appear as a reduction in revenue to the site on their
Transaction Recap reports in BusinessPlus.
? Transworld sends a series of progressive lett...
Allowed
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