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Check Acceptance Procedures

Payments Received by Check

Payments sent to the University must be payable in US Dollars, by means of a check drawn on a US bank, US Postal Order, or a Cashier's Check drawn on a US bank.

Checks issued by foreign banks are not acceptable (even though they may be “payable in US funds”) since a foreign bank check does not have an American Banking Association (ABA) routing number or standardized account number structure and cannot be cleared through the Federal Reserve Bank System. Each non-U.S. check would have to be manually processed by our depository bank, and would be subject to a processing fee and a delay of several weeks to clear. For this reason, the University Cashier’s Office accepts checks drawn on US banks only, as described above.

The most efficient and cost-effective way to receive payments from foreign sources is by credit card, or wire transfer.

Wire Transfer

Wire transfer is very easy and convenient when both the department and the company/bank making the payment follow all the steps and provide the information requested. Complete instructions are available on the UCO web site at: http://www.fis.ncsu.edu/cashier/billing/wire.asp