Accounts Payable Payment Methods


Policy Statement

The university’s payment methods, in order of preference, are as follows. These methods are used by Accounts Payable to remit payment to the university’s suppliers.

  • Automated Clearing House (ACH)
  • JP Morgan Single Use (SUA) Credit Card
  • Electronic Funds Transfers (commonly referred to as wire transfers)
  • Paper check
  • Cashier’s check, not preferred.

The payment method selected is at the university’s discretion and is based on the:

  • Cost to the university. The university will use the most cost effective payment method available that can be delivered securely to minimize the risk of fraud or misuse.
  • Currency required for payment. Payments  required  in  international currency will be disbursed by wire transfer. Only payments in USD currency can be made using ACH, SUA Credit Card, or paper check.
  • Criticality/time sensitivity of payment and any impact to the university and its operations, if payment is delayed.

Employees receiving reimbursement for travel or business related expenses will be reimbursed via ACH or paper check consistent with the method used by payroll for the employee.

Reason for the Policy 

This policy outlines the various payment methods used by the university, when they are used and the documentation required when using each method.  The procedures have  been  established  to  promote  accurate  and  timely  payment  of  a  properly authorized and documented payments that complies with U.S. immigration and tax regulations, as applicable.  This policy covers all types of payments, including vendor payments, payments for services, tax payments, awards, stipends, payments from endowment accounts, etc.

Who is Governed by this Policy 

  • Staff
  • Faculty


Automated Clearing House (ACH) – Preferred

The university’s preferred method for paying commercial, domestic suppliers, and for issuing personal and travel reimbursements to employees is via electronic payment (ACH). ACH is efficient and cost effective.

ACH  payments disbursed  to  the  suppliers  are  made  to  the  account  and  financial institution designated by the supplier according to the agreed upon payment terms with the supplier. Personal and travel reimbursements to GW employees whose payroll method is direct deposit will have all reimbursements paid via ACH to that same bank account.

J.P. Morgan Single Use Credit Card Program – Preferred

J.P.  Morgan’s  Single-Use  Accounts  (SUA)  is  an  electronic  payment  solution  that enables the university to process payments faster and more efficiently.

Under the program, suppliers who enroll will be paid by a one-time use eCredit card. Each time a payment is disbursed to the supplier, a secured e-mail message will be sent with the eCredit card information. Using this information the supplier can process the  payment  transaction  using  their  credit  card  processor  and  receive  their  funds immediately.

Upon enrollment in the SUA program, GW will convert their payment method in the supplier record to SUA and pay them immediately upon the receipt of an approved invoice. 

Domestic commercial suppliers receiving check payments should be encouraged to accept the SUA payment method. Suppliers who accept SUA are no longer subject to the university’s net 30 day payment terms.

More information about SUA can be obtained by contacting AP Customer Service at [email protected].

Electronic Funds Transfers (Wire Transfers) 

It is the general policy of the university to make all payments in U.S. currency. In certain circumstances, the university will make payment in a non-U.S. currency via Electronic Funds Transfer (EFT) denominated in non-U.S. currency. An EFT, commonly referred to as wire transfer, is a more expensive payment method. Therefore, EFTs will only be disbursed when business needs require such payment.

A department requesting a EFT payment must deliver a completed Electronic Funds Disbursement Payment Request Form along with adequate supporting documentation to Accounts Payable at least five business days prior to the payment due date. An EFT to a new supplier or to a foreign individual or entity will require at least ten days advance notice in order to establish the supplier in the AP system and test the supplier’s information for accuracy. However, on an exception basis with a valid business justification demonstrating an impact to the university’s operations, an EFT Payment Request form will be processed immediately for existing suppliers only.

Upon receipt of an authorized Electronic Funds Disbursement Payment Request Form and supporting documentation, Accounts Payable will review the request for appropriate tax documentation; approve and process through the ePayables system and will enter the form in the transaction tracking system (Remedy) for Treasury Management who will process the payment request so that the payment is scheduled for delivery on the payment due date. If the payment is made to a non-US citizen or foreign company, the Tax Department will review the EFT request and its supporting documentation to determine the tax withholding and reporting requirements. The university is prohibited by law from making payments in non-U.S. currencies to certain foreign countries or persons in them.

Further, specific tax issues must be addressed when preparing requests for certain kinds of EFT payments. Because the tax considerations may change the amount being paid or the budget impact of the transaction, it is recommended the person listed as the Preparer in line 2 of the Electronic Funds Disbursement Payment Request Form understand the tax withholding and reporting requirements before the financial commitment is made to the Payee.

Each Electronic Funds Disbursement Payment Request Form must be accompanied with sufficient supporting documentation to substantiate the amount and currency of the payment as well as the business purpose, the payee's name, address, and the date and nature of the transaction. The supporting documentation must also provide a source document for the banking information supplied on the EFT form. The bank information source document must match the EFT form.

Instructions for completing the Electronic Funds Disbursement Payment Request Form are set forth in the Preparation of Electronic Funds Transfer (EFT) Disbursement Payment Request Form.

Check Payments

Payments to suppliers via paper check normally are mailed to the supplier’s remit to address as indicated on the supplier’s invoice. Payment terms, unless agreed to otherwise, are net 30 days. GW employees whose payroll method is paper check will receive personal and travel reimbursements via paper check mailed to their home address.

“Hold for Pickup” of paper checks is strongly discouraged for reasons of security. Exceptions must be approved in advance by the Director of Accounts Payable or his/her designee. Where Hold for Pickup is authorized, persons picking up a check must show proper identification (i.e., GW ID, Driver’s License, etc.) and sign for the check. Checks are generally available the day after processing at the Faculty Staff Service Center, Rice Hall, 2121 Eye Street, Room 101 and following notification that they are ready for pick-up.

Cashier’s Check

The university will make payments by cashier’s check in exceptional circumstances upon payee request. However, the university strongly discourages use of cashier’s checks because cashier’s checks are considered “near cash,” are extremely difficult to replace, and require very careful handling by both university employees and the payee.

Please see the Accounts Payable website for more information including procedures related to Payment by Cashier’s Check.

Tax Considerations

The tax withholding and reporting requirements for payments to a non-U.S. person or a foreign company differ than those for payments to U.S. persons. Please refer to the Tax Department website or call (571) 553-8313 to review the additional information that is required for university compliance with federal tax laws.


Electronic Funds Disbursement Payment Request Form

Payment Request Form

Related Information

Doing Business with GW


Contact Phone Number Email Address
Accounts Payable Customer Service (571) 553-0247 [email protected]
Treasury Management (571) 553-4216 [email protected]
Tax Department (571) 553-8313 [email protected]


Responsible University Official: Associate Vice President for Finance and Director, Accounts Payable and Travel
Responsible Office: Treasury and Accounts Payable


Non-compliance with this policy can be reported through this website.