Navy Cash Standard Operating Procedures - Financial Management ...

. Once notified, the cardholder shall report to the Disbursing Officer within twoworking days to establish how the cardholder’s Navy / Marine Cash balance will be restored to $0or greater.c. The Disbursing Officer shall collect the amount of the negative balance within 10working days after the date of receipt of the initial negative balance report. A pay checkage(DS01) shall be applied to a cardholder’s pay account if no response is received from thecardholder within the prescribed period.5. The Commanding Officer is responsible for establishing a Navy / Marine Cash policy forthe command that identifies the limits on size, number, suspension of a customer’s card formisuse, and disciplinary repercussions associated with Non Sufficient Funds (NSF) or otherreturned transactions and a negative Navy / Marine Cash balance. The guidelines in the followingtable should assist in putting together that policy.a. Again, immediately upon receipt of a Negative Balance Report, the DisbursingOfficer shall be responsible for notifying in writing any cardholder whose Navy / Marine Cashaccount balance is negative to report to the disbursing office within two working days ofnotification.b. Based on the Navy / Marine Cash policy established for the command, the DisbursingOfficer should recommend any disciplinary action considered necessary through the cardholder’schain of command within five working days of receipt of the pertinent Negative Balance Report.NC SOP Ver 1.12 x-Appendices.doc L-2 17-Aug-07