Outgoing Wire Transfer

Holiday Deadlines:

Due to the Thanksgiving holiday and UO closure on November 28 and 29, 2024 and the last day of the month being on a weekend, all wires in foreign currency must be received by AP (10:00 am) and initiated by AP on Friday, November 22nd to allow adequate time for the wires to clear the US Bank and post by the end of the month. 

All foreign wires in US currency must be received by AP (10:00 am) and initiated by AP through US Bank by Monday, November 25, 2024, to allow time to clear US Bank and post. 

All wires received after these dates will be sent on 12/2/2024 or later.

Wire Instructions:

Due to the increased number of foreign outgoing wire transfers, Please ALLOW a MINIMUM of 3 days for processing. If the wire is a RUSH then please notify apbao@uoregon.edu that you have a RUSH wire transfer and AP will try to process ASAP, otherwise Accounts Payable will work to get the wire transfer processed as quickly as it can.  

If you need to pay multiple invoices to the SAME vendor by wire transfer, please enter the vendor invoices in the Banner I Document as a Banner Multiple Invoice and then load all vendor invoices and supporting documentation into one single wire request. Do not process each separately.

CONCUR Travel Reimbursements:  Please complete Concur travel reimbursement and then immediately notify BA Travel Dept. that you need to process the travel reimbursement by wire transfer.  BA Travel Dept. must open it back up and put the Banner C document on hold to avoid the payment paying as a check.  The eform wire transfer request can then be entered by you with the C document on HOLD.  The wire request will be processed by BA Accounts Payable. Please follow the remainder of wire transfer directions for an outgoing wire transfer.

We cannot send paper checks to any vendor or individual in Australia.  Please process payment as a foreign wire transfer for Australia. A 6-digit BSB number is required for Australia.

If you are contracting or purchasing in any uncommon foreign currency, please check with Accounts Payable before contracting to make sure we can send a wire in that currency. If we cannot send a wire in a particular currency you may have to have the foreign vendor invoice/contract in U.S. dollars.  (The default currency on PSC contracts and PO's is U.S. dollars).

There is a Wire Transfer Request Upload on the BA forms site that you can use to make your outgoing wire request upload your supporting documentation. 

Before initiating your wire transfer you will need to have the following documentation to upload in the electronic wire form. Your wire will be delayed if you are not able to upload these documents:

  • Bank information that was supplied securely by the vendor from their bank (if not on invoice). This must be submitted to your dept. through a secure means such as One Drive, Drop Box, etc.
  • Invoice (if applicable)
  • Contract, POS, PO, Agreement, Addendum, etc. (if applicable)
  • Approvals (as required for any Banner invoice payment) 
  • Concur Travel Reimbursement report (if applicable)
  • any other supporting payment documentation

Wire transfers are used to transfer a payment to a FOREIGN person or entity when there is no other way to pay them. It is not the UO preferred method of payment. Wire transfers are NOT used to transfer payments to domestic (U.S.) vendors - only under unusual circumstances.  Please note:

  • Any wire transfer request received by AP after 10:00 am will be held and sent on the next day if possible.  Any wire Transfer received by AP after 10:00 am on Friday will be held for the following Monday wire transfers.
  • You must enter and put the Banner document on hold and leave the document incomplete (in process) or a duplicate check payment may occur!  (For CONCUR Travel Reimbursements processed by wire transfer, please notify the Travel Dept. immediately once you have completed the travel reimbursement in Concur).
  • Persons or entities receiving payment MAY NOT fill out the UO Outgoing Wire Transfer. (The UO Outgoing wire form is used internally by the UO and should only be used by depts. to request a wire transfer to be processed by AP).
  • Person or entities receiving payment should supply the banking information below by a secure method (such as fax, postal mail, or some password protected/encrypted method such as One Drive, Drop Box, etc.) to you in order to request payment. (For security reasons they may NOT email banking information to you).  Do not send the outdated UO Outgoing Wire Transfer paper form to vendors or individual to be completed by them.

Use the following steps to complete the electronic wire eform.  

Department Information

  1. Department
  2. Department Approver Email (This is the Budgetary Authority or Approver of the wire transfer (may be different from dept. staff, the form Originator, completing this form and uploading the request)
  3. Department Approver First Name (Budgetary Authority or Approver of the wire transfer)
  4. Department Approver Last Name (This is the Budgetary Authority or Approver of the wire transfer (may be different from dept. staff, the Originator, completing this form and uploading the request.  The uploaded wire transfer should be forwarded electronically to the Budgetary Approver/BA to electronically sign). It will then route to apbao@uoregon.edu for processing.
  5. Banner I document (Enter the payment in the Banner System with full document text (Contract/grant approval information/Budget approver information, explanation of what is being paid for, contract terms, partial payment information if applicable, WHERE services took place-in the U.S. or outside the U.S., and etc.), put the document on hold (in FAAINVE on the Invoice Header page go under the TOOLS menu in upper right corner, select Document Indicators, then check the HOLD box and change it to single or one invoice per payment). Make sure the Banner document numbers placed on hold is on the wire form. Leave the document incomplete or in process. AP will complete the document during the wire transfer processing.  If you do not put it on hold and leave it incomplete then there is a risk is that both a check payment and a wire payment will occur creating a duplicate payment. 
  6. Account Code - Mandatory. Please fill in the appropriate account code for the expense.

Wire Transfer Banking Information

  1. Wire Type (choose Domestic or International - we rarely send domestic wire transfers.  Domestic vendors should be paid by check and a wire sent domestically only under special circumstances.).
  2. SP Number (if known - US Bank repeat code number used for reoccurring wire transfers by Central AP. Otherwise leave blank).
  3. Forward Contact# (Leave blank. This is not the PSC, PO or contract number. This is a special kind of contract sent through Western Union by Global Education)
  4. Currency (If other than US dollars. Example: EURO.  Otherwise, if US leave blank).
  5. Date Transfer to Occur
  6. Amount of Wire Transfer (Do not convert to USD if invoice is in other foreign currency.  Put the foreign currency amount)
  7. Banner Vendor Number
  8. Beneficiary (Vendor) (This is the name of the person or entity that will receive the funds. Use the exact name as it appears on the bank account or it may be returned).
  9. Beneficiary Email (Optional - for notification of wire transfer)
  10. Beneficiary street address
  11. Beneficiary city/state/postal code
  12. Beneficiary COUNTRY (if other than US)
  13. Beneficiary Bank name
  14. Beneficiary Bank ABA routing # for domestic wires or SWIFT/BIC# for foreign wires
  15. Beneficiary Account # and IBAN #. This is the bank account number and their IBAN# (international bank account number). This number has to be included for all European wires. For Mexico, the Clave Bancaria Estandarizada (CLABE) is the standard numbering for bank accounts. For Australia, the Bank State Branch (BSB) is used as an identifier consisting of a six-digit numerical code that identifies an individual branch of an Australian financial institution. A SWIFT identifier is used in addition to the BSB identifier and a bank account number).
  16. Bank street address (Beneficiary’s Bank)
  17. Bank city (Beneficiary’s Bank)
  18. Bank state (Beneficiary’s Bank)
  19. Bank country (Beneficiary’s Bank)
  20. Intermediary Bank (If applicable.  Example Transferwise or Citi Bank)
  21. Intermediary Bank ABA routing # for domestic wires or SWIFT/BIC# for foreign wires
  22. Intermediary Bank Account #
  23. Message for the Beneficiary - for the person receiving the money to let them know what the payment is for. KEEP IT SHORT and only what is necessary!  Example: put Contract, PO, and/or invoice number or brief description of payment.  There is limited space for the message to be entered on the actual wire transfer and Accounts Payable must also fit the assigned wire number and institutions name in this area as well.

Supplemental Documents (Upload):   

****Upload copy of banking information supplied through a secure means by the vendor (if it is not on invoice), contract, PO, invoice(s), Approvals, Concur travel reimbursement report, and/or any other payment supporting documentation.

When uploading the Outgoing Wire Transfer form and you are unable to get a digital or ink signature, then an email approval is acceptable for documentation purposes, but the uploaded Outgoing Wire Transfer form must be routed electronically to the Department BA approver to electronically sign.

Forward the following documentation to Accounts Payable attached to the Wire Transfer Request Upload Request Form (or fax):

  • Bank information that was supplied securely by the vendor from their bank (if not on invoice). This must be submitted to your dept. through a secure means such as One Drive, Drop Box, etc.
  • Invoice (if applicable)
  • Contract, POS, PO, Agreement, Addendum, etc. (if applicable)
  • Approvals (as required for any Banner invoice payment) 
  • Concur Travel Reimbursement report (if applicable)
  • any other supporting payment documentation

The expenditure will be loaded to Banner on the Banner invoice by Accounts Payable, and processed within a weeks time as an online check in Banner. The check number assigned in Banner will start with a W and will be viewable in vendor history and all other forms that display check information.