Accepting Cash and Checks
With the implementation of remote capture in the Financial Transaction Center, the armored car service was eliminated on December 23, 2011. Since the FTC no longer accepts cash, all cash deposits must be processed through the ILR Budget Office.
Cash deposits are now being processed by Cheli Secord in the ILR Budget Office room 391 Ives Hall East. NEVER SEND CASH THROUGH CAMPUS OR U.S. MAIL!!
Please bring cash and the account number to be credited. If the cash is in a locked bag, please bring the key to open the bag since Cheli will need to verify the amount of cash with someone from your department.
An Advance Deposit eDoc, a deposit form, and a bank deposit slip will be prepared by Cheli. She will also ensure that the cash is securely sent to the bank.
Domestic Check Deposits
Domestic checks will still be sent to the Small Academic Unit FTC, which is located at East Hill Plaza, 341 Pine Tree Road. All domestic checks should be sent to the attention of Wei Liu. The FTC requires that you list account number(s) to credit the check(s) to. If you would like a specific description, write it on a separate sheet of paper and attach it to the check.
Foreign Check Deposits
Foreign checks need to be sent to the ILR Budget Office.You may send foreign checks to Cheli Secord at 391 Ives Hall East. She will fill out all the necessary forms and send them to the bank. ILR Budget office requires that you list account number(s) to credit check(s) to. If you would like a specific description, write it on a separate sheet of paper and attach it to the check.
The Budget Office highly recommends that departments discourage the acceptance of cash, when possible, to minimize potential loss, theft, or negligence.