Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the policy for returned checks or bank drafts?

April 26, 2017Bank checks drafts policy RETURNED

0

Posted

What is the policy for returned checks or bank drafts?

1 Answer

0

Posted

Customers who have a check or a draft returned for insufficient funds will be charged a $30.00 NSF Fee. Customers with a history of two or more NSF checks or drafts will be placed on a cash only basis. Once placed on a cash only basis, the customer will be required to pay only with cash, cashier’s check, or money order. The customer will remain as a cash only customer for a term of two-years.