[ Cashier's Office ]
The Office of the Cashier strives
to provide professional, high-quality customer service to all members of
the University community. The Cashier’s Office serves as a "mini-bank"
accepting all University cash and check deposits, accepting and processing
student payments, student loans and disbursing cash for University
approved transactions. Our goal is to provide excellent customer service
to our customers as well as to process each transaction efficiently and accurately.
The Office of the Cashier is part
of the Cash Management Department of the Treasurer's Office. The Cashier's Office
provides services to the University community at large including both students
and University offices.
The collection and controlling of cash at
the University of Pennsylvania are very important functions. We would like
to remind you of the Deposit of Cash Receipts financial policy #1504.
1504 Deposit of Cash Receipts
To establish sound cash management practices and safeguard cash receipts against theft or loss.
- All cash and checks received payable to The
Trustees of the University of Pennsylvania are to be deposited with the
University Cashier on the day of receipt. Cash or checks received
over the weekend should be deposited on the next business day.
Cash depositors are required to wait for a receipt from the cashier at
time of deposit. Check depositors must retain copies of deposited checks for a period of seven years.
- It is the responsibility of the Financial
Administrator to reconcile deposit accounts on a timely basis
- The University of Pennsylvania is required
under section 60501 of the Internal Revenue Code, to file Form 8300
(Report of Cash Payments in the amount of $10,000.00 or greater) within
15 days of receipt of cash from an individual or corporation in one or
more related transactions.
For this policy and other cash policies, visit: