By Cheque Clause Samples

By Cheque. 3.1.1. A cheque is acceptable if Parents choose to pay the fees using Option 1, Option 2 and part of Option 3. In the case of Option 3, a cheque will only be accepted for the first term’s instalment as indicated in Table 3 above. 3.1.2. When paying by cheque the payment must be cleared in the School’s bank account by the due date. This means that the cheque must be received by the School’s Accounts Office at least 5 working days before the due date, in order for the cheque to be logged, banked and cleared in the School’s bank account by the deadline. 3.1.3. If a cheque bounces, Parents will be liable to cover the additional bank and administrative charges of £50. 3.1.4. Each cheque must have the Student’s full name and date of birth clearly printed on the reverse, including the names and details of multiple children from one family for whom the cheque relates to.