Re: Return item fee

From: BARBARA ANSTEY (banstey@tec.nh.us)
Date: Wed May 30 2001 - 12:55:52 EDT


We charge $25.00 or 5% of the check which ever is greater.

"Eileen M. Walker" wrote:

> Gale,
>
> We raised the fee we charge for returned checks to $25 (from $15), last
year.
> We haven't had any debated credit card payments, that I can recall. We have
> had declined payments, which we just don't process, so there is no fee. I
> hope we don't get into debated credit card charges. That seems a bit
> dishonest on the part of the person who gave the credit card information in
> the first place.
>
> Eileen
>
> At 09:32 AM 5/30/01 -0400, Gale Meyers wrote:
> >Hi,
> >
> >The return item fee we charge is $20. I have suggested that we increase it
> >(bank costs, staff time, postage, etc). Can you take a second and let me
> >know what your fee is for items returned from the bank.
> >
> >Do you charge a different fee (amount) for the credit cards that are
> >debated?
> >
> >If anyone is interested I will send my results to the list.
> >
> >Thanks
> >Gale R. Meyers
> >
> >Gale R. Meyers, Bursar, Millersville University of Pa
> >Phone: 717-872-3025; Fax: 717-871-2256
> >e-mail: Gale.Meyers@millersville.edu
> >mail: PO Box 1002, Millersville PA 17551-0302
> >
> >
> >
>
> Eileen M. Walker
> Controller
> Ohio Wesleyan University
> Delaware, Ohio 43015
> emwalker@cc.owu.edu
> Phone: (740)368-3363
> Fax: (740)368-3009



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