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.