Electronic Funds (Wire) Transfers
International and domestic electronic fund (wire) transfers, to individuals or to vendors, are verified and confirmed by Accounts Payable and Treasury Operations through JPMorgan Chase.
These requests are at no charge and can only be submitted through paper form (not as a payment request in NUFinancials).
If the amount of the international or domestic electronic fund (wire) transfer is in the amount of $25,000 or over, a Bid Documentation Form or a Single Source Justification Form would also need to be included.
The following forms should be completed and sent to Accounts Payable at electronictransfers@northwestern.edu to begin the process.
International Electronic Fund (Wire) Transfers
Typical turnaround time is 1–2 weeks. This timeframe allows for thorough processing and review to help maintain consistency and accuracy.
- Direct Payment Request Form (vendor code needed)
- International Wire Transfer Request Form (typed, not handwritten)
- Attach Contracted Services Form for individuals or invoice from vendor
A foreign currency check request is no longer offered.
Quick Tip: if supplier provided services outside of the US, include confirmation from the supplier either via the statement of services form or document/email from the supplier.
Domestic Electronic Fund (Wire) Transfers
On rare occasions a domestic electronic fund (wire) transfer to a US bank needs to be done, the turnaround time is 1 day, providing all needed information and documentation are provided from the following:
- Direct Payment Request Form (vendor code needed)
- Domestic Electronic Funds Transfer (EFT) Request Form (typed, not handwritten)
- Attach Contracted Services Form for individuals or invoice from vendor
Recommended Alternative Payment Methods
- NUQuickPay: For individuals with a US bank account
- ePayables, PaymodeX: For suppliers