Bank Cards/ATM and Credit Cards

Bank cards may not be used for purchases or withdrawals as it violates the PTA’s two-signature rule. Some banks require a card be issued to make deposits. Make sure the cards only allow deposits. Some banks have been known to send bank cards to the homes of all check signers. If the cards are not restricted to deposit only, the treasurer must collect them all, return to the bank and ask that the cards be removed from the PTA account. Verify that all cards have been accounted for.

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