Wire Transfers
The University will allow funds to be wired to international vendors if payment by check is not practical or allowable. Wires for US-based vendors are not allowed due to additional administrative and banking costs associated with wire transfers. These payments must follow the University’s purchasing and procurement policies and procedures.
For a wire transfer to be processed through the Financial Management System or UGAmart, the following information must be provided to Accounts Payable by the University department authorizing payment:
- Beneficiary Bank’s Name
- Beneficiary Bank’s Address
- Beneficiary’s Name on Account
- Beneficiary’s Account Number
- Currency Payment is to be made in
Additional Information
- Beneficiary Bank’s Swift Code
- Beneficiary’s IBAN
Please note that it can take from one to ten business days after a wire is processed for it to be credited to the beneficiary’s account.