Returned Checks
If your check accepted by Manhattan Tech is returned by the bank for insufficient funds, it will be resubmitted once. We will then follow our processes to collect payment.
If your check is returned for the following reasons:
- Insufficient funds after subsequent resubmission
- Closed or invalid account
- Stop payment or unauthorized payment
The following will occur:
- You will be assessed a $25 returned check fee.
- Your account will be placed on hold.
- The hold is placed on the account of the student, employee, or company for whom the payment was intended. This may differ from the person who wrote the check.
Manhattan Tech will notify the account holder via email at their Manhattan Tech email address.
The check amount, plus the returned check fee, must be paid by cash, money order, or credit card. Checks will not be accepted from any party while the account is on hold.
If your direct deposit is returned due to an incorrect account number provided online:
The following will occur:
- You will be assessed a $5 fee.
- You (or the account holder) will receive an email notification of the charge, with instructions to correct the account information.
