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Releasing ACH and W9 information

If an external customer requests ACH and/or W9 information, ask the requestor to reach out to treasury@spu.edu with the campus contact cc’d.

The campus contact will need to provide information about why the requestor needs this information and provide their written approval. Treasury will then send out the relevant information to the customer.

Expecting an ACH or Wire (Incoming)

Contact treasury@spu.edu with the amount expected, date of transfer, and who the transfer is from. Once SPU receives the money, Treasury will send a screenshot to confirm its receipt.

If the Treasury team cannot confirm receipt in SPU’s bank account within three business days, we will reach out to you to determine next steps.

Wire (Outgoing)

To send out a wire, please see instructions on the AP pagecomplete a Request For Paymentand select Special Processing. For urgent wires, if Finance receives the Wire request prior to midday, it will settle the same day.

Fees:

Fees will be allocated to the department once the wire is processed.

Federal Wire: $55

International: $75

Note that - the exchange rate for foreign currency is not confirmed until the wire is sent out. The final rate will be displayed on the Jira ticket.