1.4.3 Check Cashing

Overview

As a convenience to staff, the Bursar's Office provides check cashing privileges to Georgia Tech employees for checks up to $50.

General Guidelines

Because bad checks have been a continuing and growing financial problem for the Institute (since each returned check represents a cash loss, usually temporary, but sometimes permanent, to Georgia Tech), the following policy will be strictly enforced:

  1. Any GIT employee may cash one check per day up to $50 at the Cashier's Window in the Bursar's Office.

  2. The Bursar's Office maintains a complete record of all returned checks written by all Tech employees.

  3. Any GIT employee who writes a bad check to the Institute will receive a warning notification from the Controller's Office, with a copy sent to the employee's manager.

  4. Any GIT employee who writes a second bad check will have his or her check cashing privileges revoked permanently. There will be no exceptions permitted to this policy without written approval from either the Controller or the Associate Vice President for Finance and Administration.

  5. Employees who already have had their privileges revoked for exhibiting a pattern of writing bad checks are permanently barred from having those privileges reinstated.