The Town charges a fee for each returned check in accordance with the fee schedule then in effect. The payee has five business days from the date the Town receives the returned check to pay by guaranteed funds - cash, cashier’s check, money order or credit card - the entire balance of the account, to include the returned check fee, any deposit deficiency or any other charges.
The Town may attempt to re-deposit a returned check. Should the re-deposit be successful, the returned check fee remains due.
After two returned checks within an 18-month period, the account will be required to be paid by guaranteed funds for the next twenty four months.