Payments to Foreign Vendors, Individuals, Entities

Payments to foreign-- i.e. non-U.S.-- individuals, vendors, and other entities are controlled by a number of compliance considerations and regulatory agencies, including:  Tax (IRS); Immigration (Homeland Security); Foreign Asset Control (Office of Foreign Asset Control).  To ensure compliance, all payments to foreign vendors, individuals and entities require central review by Accounts Payable.  In some cases, tax withholding on a payment is required.

 

Please review the AP Foreign Payments website >>