The Cashier’s Office located in the lobby of the Franklin Building will close effective December 24, 2019. The Division of Finance Cash Management team is working directly with departments to share more information and transition plans. This is an important step toward the University’s goal of reducing the flow of cash around campus. 

This change brings Penn in line with the practices of the majority of our peers in higher education and aligns with the large reduction seen in cash payments over the past few years as more and more transactions are completed electronically. Most importantly, reducing the prevalence of cash will greatly enhance the safety and security of students, faculty and staff on campus. 

The Division of Finance has begun the transition to new business practices this fall by closing smaller petty cash accounts and installing an automated safe in the Franklin Building lobby. Cash Management is working with departments to share updated procedures for securely depositing cash and checks in the Franklin Building. The Division is also communicating with students who have paid recent bills in cash to help them plan for future payments. 

Cash Management will continue to share information with partners throughout the semester to ensure that this change is as seamless as possible. For questions, please review the list of Frequently Asked Questions on the Cashier’s Office website https://www.finance.upenn.edu/cashier or contact Heather Seitz, cash manager, at heseitz@upenn.edu