Annapolis Royal, Nova Scotia - Where History Meets Opportunity

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Phone: 902.532.2043

NSF Cheques

Policy No.: 2004-5
Supersedes: –
Effective Date: December 20, 2004
Approval By Council Motion No.: 5

Purpose:
To deter customers from repeatedly supplying the Town with NSF cheques. NSF cheques require reinstatement of taxes and reversing of bank transactions which takes up a considerable amount of staff time.

Definitions:
NSF means “no such funds”, or insufficient funds at the bank.

Policy Statement:
When a paying customer provides the Town with an NSF cheque on more than one occasion, the Town will no longer accept uncertified cheques from that customer.

NSF Cheques Policy- Signed

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