Paying by Foreign Draft

Foreign Draft Payment

Policy

The College makes payments to vendors with checks in US dollars. Certain payments are required to be made in a foreign currency draft.

The bank charges the College an additional fee for foreign drafts. Departments requesting foreign drafts will be charged the bank fee. The current fee is $5 for each foreign draft and is subject to change.

All foreign drafts must follow existing Accounts Payable policies for expenditures and payment terms.


Procedure

Request for foreign drafts should be made on the Check Request Form. The box at the bottom of the form should be checked off indicating a request for foreign draft. The foreign currency should be provided. Forward form with supporting documentation to Accounts Payable for processing.

Please allow 9-12 business days for processing.

Contact Us

Controller
 

Mailing address:
Wellesley College
Controller's Office
106 Central St., GRH139
Wellesley, MA 02481-8203

Main Telephone:
781.283.2468

 

Main Office Fax:
781.283.3710

Payroll Fax:
781.283.3713

AVP for Finance and Controller
781.283.2247
 
Senior Accountant
781.283.2461
 
Accounting Specialist
781.283.2488
 
Sr. Cashiering/Payroll Specialist
781.283.2265
 
Accounts Payable Manager
781.283.2469
 
Associate Controller
781. 283.2250