FIN-045
Requirements for making outgoing electronic funds transfers (EFTs) for the University have been established in order to protect against cyber fraud and to reduce the risk of loss. This policy is intended for employees who enter EFT transactions into a banking system but excludes batch ACH files transmitted to the bank using a system-to-system direct interface and EFTs initiated by an external party.
Applies To
Academic Division
The Medical Center
The College at Wise
Approved On
Contact Office
Treasury Management
Keywords
Electronic funds transfers
wire transfers
wires
ACH
EFTs
Last Revised
Major Category
Finance and Business Operations
Oversight Executive
Vice President and Chief Financial Officer