Paying by Wire

Policy

The College makes payments to vendors with checks in US dollars. Certain payments are required to be made in a foreign currency or via wire. All foreign currency payments must be made via wire transfer.

The bank charges the College an additional fee for wire transfers. Departments requesting wire transfers will be charged the bank fee. The current fee is $75 for each wire transaction and is subject to change. Please note that due to the importance of the accuracy of the banking and account information, the Wire Request forms must be typed. Payments by wire requested on handwritten Wire Request Forms will not be processed.

The department is responsible for obtaining all appropriate wiring and banking information. An additional fee will be charged to the departments for any incorrect information resulting in a need to re-send the wire.

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

Procedure

Request for wires should be made on the Wire Request Form. Forward form with supporting documentation to Dotti Koulalis in Accounts Payable for processing.

Please allow 7-10 business days for processing.

What's New?

FY14 Financial Statements - to be updated soon with official Annual Report

FY14 Closing Memo

FY13 A-133

990

 

 

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, Controller and Assistant Treasurer
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