Supplier Payment FAQs
What forms of payment does the university offer?
Wire Payments are available for the following situations: US Dollar to a foreign bank, Non USD currency paid to a country that does not match (i.e. Euro to Australia), and for payments in a currency not listed in Oracle. A Wire Transfer Request Form [.pdf] must be completed for these types of payments.
What is the university’s payment process?
How can suppliers receive their payments electronically?
How do we pay suppliers who do not accept payment in US dollars or in the foreign currencies setup in Oracle?
Suppliers can be setup to receive payment in a currency other than US dollars by completing the Wire Transfer Request Form [.pdf] or Electronic Fund Transfer Form [.pdf]. (View the FAQ below for a complete listing of currencies available in Oracle.)
A Wire Transfer Request Form [.pdf] must be completed when sending US Dollars to a foreign bank, Non USD currency paid to a bank account/country that does not match (i.e. Euro to Australia), and payments in a currency not listed in Oracle. This form needs to accompany the invoice each time a payment is needed.
An Electronic Fund Transfer Form [.pdf] must be completed when we are sending any currency available in Oracle to a bank account in that currency., (i.e. Canadian Dollar to Canadian Dollar Bank). This form only needs completed once for set-up and anytime the supplier makes a change to their bank account.
In order for the wire transfer to be made, the following must be completed:
- The supplier must be setup as a supplier in Oracle
- A PO has been created and the PO number has been referenced on the Wire Transfer Request form in addition to any supporting documentation
If these conditions are not met, Accounts Payable will contact the Preparer of the Wire Transfer Request form.
***NOTE*** Depending on the foreign currency of the wire transfer and the transfer process itself, there could be a fee charged to CMU and/or the supplier by the bank for the transfer.
What currencies are available in Oracle?
|AUD||Australian Dollar||Australian Dollar||Australia|
|BHD||Bahraini Dinar||Bahraini Dinar||Bahrain|
|BRL||Brazilian Real||Brazilian Real||Brazil|
|CAD||Canadian Dollar||Canadian Dollars||Canada|
|CHF||Swiss Franc||Swiss Franc||Switzerland|
|CNY||Yuan Renminbi||Yuan Renminbi||China|
|COP||Colombian Peso||Colombian Peso||Colombia|
|DKK||Danish Krone||Danish Krone||Denmark|
|GBP||Pound Sterling||Pound Sterling||United Kingdom|
|HKD||Hong Kong Dollar||Hong Kong Dollar||Hong Kong|
|INR||Indian Rupee||Indian Rupee||India|
|KRW||Won||Won||Korea, Republic of|
|MXN||Mexican Peso||Mexican Peso||Mexico|
|QAR||Qatari Rial||Qatari Riyal||Qatar|
|RWF||Rwanda Franc||Rwanda Franc||Rwanda|
|SEK||Swedish Krona||Swedish Krona||Sweden|
|SGD||Singapore Dollar||Singapore Dollar||Singapore|
|TWD||New Taiwan Dollar||New Taiwan Dollar||Taiwan|
|USD||US dollar||US dollars||United States|
How do I know when a payment has been processed (when an expense report/invoice has been paid)?
How can I tell if an Accounts Payable payment has been cashed?
When should I request a stop payment on an Accounts Payable check?
CMU Ethics Reporting Hotline
www.reportit.net (Username: tartans; Password: plaid)