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Anyone here do retail accounting?

C

Clinotus

Golden Member
I'm interested in the charge that an individual company gets for bounced checks from customers. Does the standard $20-25.00 rate apply here? Or is there a bulk rate for expected bounced checks?
 
It's been a long time since I was in that end of the business, but I do remember getting discounted fees (including bounce rates) because of our volume - this was for a boutique subsidiary of a national chain. At that time (more than 10 years ago), normal bounce fees were around $15 but we paid $5.

However, when I was an office manager a short time later, we got charged the same thing for bounces as the average consumer. I'd imagine it depends on the bank and on the size of the customer/company.
 
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