Welcome to the May 2021 University Bursar Monthly Bulletin. This month will focus on Returned Check Handling.
Spotlight on Receivables: Returned Check Handling
Does your unit receive and deposit checks? University Bursar has a returned check handling form for approved cash handling units to complete regarding handling of checks returned as unpaid by the system's banks. Regardless of return reason, the process to handle the returns starts with University Bursar.
Check out the Returned Check Form. Once submitted, your form will be entered into our Returned Checks database, where it will be sent out annually for updates to ensure the latest information for your department.
Follow these three steps to submit the new form initially:
- Click Here to access the form.
- Complete and update the form
- Send back the completed form to: bursarreturnedchecks@uillinois.edu
University Bursar will review your submitted forms and contact you. Unsure if you are an approved cash handling unit? Please contact University Bursar Cashier Operations by selecting your university here. You can also find the University of Illinois System’s Cash Handling Policy here.
Contact
To learn more about the returned check election form, policies, and options, click here, or email Bursar Returned Checks at: bursarreturnedchecks@uillinois.edu
