Fees

 

Foreign Check and Money Order Fees

 

If you decide to accept payment in the form of a foreign check, money order, or draft, please note that to be deposited each check or money order must exceed $150 US and must be issued in a Type 1 currency.

 

All foreign checks will be charged a one time processing fee of $50*. This is a processing fee only; it does not include transaction costs. These may include:

 

•   Currency exchange rate charged by the bank (e.g., for conversion)

•   Any additional transaction cost imposed by the issuing bank

•   Insufficient funds (NSF) fee - $20*  

•   Stopped check fee - $20*

 

Again, our recommendation to University departments is that you do not accept foreign checks.

 

*Please note that these fees are subject to change.