Wire/ACH Transfers:
Documentation Required:
Please submit the following to the Accounts Payable Department at INAP@lehigh.edu:
1. Payment Approval Form - (link will take you to the Controller's page)
2. Outgoing Wire/ACH Transfer Request (DocuSign form)- see below for information needed to process the request. This form is to be used in conjunction with the Payment Appproval form. The person verifying the bank information should be filling out and signing the form in Docusign. Once the form is finished and signed, Docusign will send the completed form via email to the signer for use with an A/P Request. All wire requests must be submitted to INAP@lehigh.edu for review and processing. The form does NOT automatically route to Accounts Payable
3. Supporting documentation - invoice, email, banking information as provided by the vendor/beneficiary, etc.
* It is imperative that departments requesting wire transfers verify the authenticity of the banking information via a direct call to the vendor.
Domestic Wire Transfers
The following information will be needed:
- Bank name, city, state and zip code
- Bank’s ABA number
- Beneficiary’s Account number
- Beneficiary’s name, city, state and zip code
- Amount to be paid
- Banner index and account number
- Contact name and number of staff initiating wire
A $10 charge will be assessed to the requestor's Banner account to offset the cost of the wire transfer.
International Wire Transfers
The following information will be needed:
- Bank name and complete address
- SWIFT Code (The SWIFT code is an 8 or 11 alphanumeric characters long)
- Currency
- Beneficiary’s name and complete address
- Beneficiary’s account number
- Banner index and account number
- Contact name and number of staff initiating wire
A $22 charge will be assessed to the requestor's Banner account to offset the cost of the international wire transfer. International wires may take a few days for the beneficiary to receive the funds.
If the vendor/beneficiary requires payment in foreign currency please read section: Disbursements in Foreign Currency