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Returned Check Policy

Display of a Return Check Notification

A sign stating that a charge, currently $30, shall be assessed against the maker of each returned check shall be posted at each check-acceptance unit.
Signs are available from the Office of Accounts Receivable, 292-7574.


Fraud Prevention

All personnel who handle cash or checks should be advised of the following:

Identification such as a driver's license, signed bank credit cards, and employee ID cards shall be documented.
Each ID shall be verified as current.
Take all the time needed in examining identification.
Do not accept checks which have been defaced by alterations, smudging, etc. Request another check.
The authority for accepting checks or charge cards shall be limited to designated employees.
Each check must be initialed by the accepting cashier.
All checks should be deposited promptly (Section F - Deposits).
All suspicious activity and check frauds shall be reported immediately to the University Police by dialing 292-2121 and Internal Audit at 292-9680.

 

Intentional Fraud

May be suspected when a check maker draws any check on a closed account.
If three or more checks are received from the same individual drawn on a closed account, without being able to locate and communicate with this individual, further action will be immediately instituted by the Office of Accounts Receivable.
If an individual is suspected of intentional fraud or extreme check writing abuse and is encountered by a unit cashier, the individual should not be detained.
Summon the University Police immediately and an attempt should be made to get a good physical description of the individual and to ascertain in which direction he or she is traveling.