Whenever a check, electronic transfer or other negotiable instrument
payable to any account of the Township of Greenwich is returned for
insufficient funds, a service charge of $20 per transaction, or the
maximum amount allowed by N.J.S.A. 40:5-18, shall be added to the
account. This is in addition to any fee charged to the Township by
the bank maintaining the Township's account. This service charge
shall be paid and credited before any other payment on the account
is accepted and credited.
Any person or entity who has tendered a check, electronic payment
or other written instrument that was returned for insufficient funds
may be required to thereafter pay in cash, money order or by certified
or cashier's checks.