If you are doing business in a foreign country, contact the University Treasurer’s Office for assistance in operating bank accounts or making cross-border payments to foreign vendors. The University Treasurer handles all transactions including any bank accounts and external financing arrangements.
Banking Information When Traveling Abroad
In preparation for your business travel, be aware of these banking considerations:
- Acceptable payment methods for foreign goods and services include the university travel card, checks, wire transfers, foreign drafts (EFT/ACH, etc.).
- Payments must comply with applicable laws. All payments leaving the United States must be reviewed by the Treasurer’s Office.
- Cornell Travelers should contact their bank for information about international ATM and credit card fees before traveling outside the United States. Certain banks offer fee free ATM usage while some credit cards may impose additional fees such as currency conversion.
Updated 6/8/17 KMR