Cash Management is responsible for monitoring the daily cash flows and bank balances; electronic funds transfer systems, bank relationship management, credit card processing, negotiating banking and financial services contracts, cash forecasting, and review and analysis of banking expenditures. Cash Management also works in partnership with departments to set up online cash and credit card collection needs they may require.
Check and Cash Processing
The Treasurer’s Office is responsible for handling all departmental deposits, including checks and cash for the University. The Cash Operations office is conveniently located at 125 Bowne Hall. All deposits should include a completed Deposit Slip. If you have any questions regarding departmental deposits, please contact Tina Kelly, Supervisor, Cash Operations at 315-443-5519.
Credit Card Merchant Services
Many University departments accept credit cards as form of payment. The Treasurer’s Office is responsible for approving and coordinating the set-up of merchants. If your department or area would like more information on accepting credit card payments, please contact Joy Dorfer, Manager Payment Systems, at 315-443-2008.
The Treasurer’s Office, in cooperation with ITS, is responsible for administering the provisions of The Payment Card Industry Data Security Standards (PCI DSS). PCI DSS is a set of comprehensive requirements associated with credit card payment account data security. The requirements were developed by the founders of the PCI Security Standards Council which include American Express, Visa International Inc., MasterCard Worldwide, and Discover Financial Services.
Compliance with PCI DSS is not an option. Syracuse University must comply in order to continue to accept credit cards. Compliance protects Syracuse University from adverse financial consequences and ensures the University’s excellent reputation.
Students may wish to establish a personal bank account with a local bank prior to their arrival on campus. There are four banks located near the Syracuse University campus – Chase, Key Bank, NBT Bank, and M&T Bank. If you are planning to establish a banking relationship with any of these banks, please contact them at your earliest convenience to ensure prompt setup of your account. Syracuse University owns many ATMs on campus. The transaction service charge varies, with a maximum of $1.75. Please contact your bank to determine if they charge any additional ATM service fees.