Establishing and Managing Bank, ATMs, and Other Financial Institution Accounts for University Funds


This policy sets forth requirements for establishing and managing University of Virginia bank or other Financial Institution Accounts, to provide for effective oversight and control over University funds and financial assets.

Applies To
Academic Division
The Medical Center
The College at Wise
Approved On
Contact Office
Treasurer (Office of the)
bank accounts
checking accounts
savings accounts
petty cash
money market accounts
mutual fund accounts
brokerage accounts
opening an account
creating an account
Last Revised
Major Category
Finance and Business Operations
Oversight Executive
Vice President and Chief Financial Officer