Foreign Payments

The College has standing arrangements with many foreign vendors for payments in the form of a standard issue, Accounts Payable check. In these circumstances, a standard Accounts Payable check is the preferred method of payment, as long as the College is not incurring additional charges by using this method.  The Controller’s Office maintains the list of foreign vendors in this category.

For all other vendors, the College should pay invoices in the currency in which it is billed.  In instances where the vendor has billed the College in a foreign currency, or assesses additional charges to accept payment in the form of a check drawn on a US domiciled bank, the Controller’s Office can submit a Foreign Currency Draft or an International Wire.  Please see additional information below and contact Glenn Morin for questions regarding foreign payments.