Opening Bank Accounts Policy
Policy Summary
It is the policy of the George Washington University ("GW" or "university") that only the Executive Vice President and Chief Administration Officer, Vice President and Chief Financial Officer, Associate Vice President and University Controller, and Assistant Vice President, Treasury and Risk Management shall have the authority to open bank accounts with university funds or to open bank accounts in the name of the university. This policy is required to designate the university officers or employees who may open bank accounts in the name of the university.
Who is Governed by this Policy
- Students
- Staff
- Faculty
Policy
It is the policy of the university that only the Executive Vice President and Chief Administration Officer, Vice President and Chief Financial Officer, Associate Vice President and University Controller, and Assistant Vice President, Treasury and Risk Management shall have the authority to open bank accounts with university funds or to open bank accounts in the name of the university. This policy is required to designate the university officers or employees who may open bank accounts in the name of the university.
Contacts
| Contact | Phone Number | Email Address |
|---|---|---|
| Treasury Management | 202-994-1721 | treasury gwu [dot] edu |
| Office of the Vice President & General Counsel | 202-994-6503 | gwlegalgwu [dot] edu |
Responsible University Official: Assistant Vice President, Treasury and Risk Management
Responsible Office: Treasury Management
Origination Date: August 8, 1986
Last Material Change: N/A
Next Scheduled Review: 2027-2028 Academic Year
To provide feedback on this policy, please contact the Responsible Office(s) listed above or the Office of Ethics, Compliance, and Risk. More information describing university policies is outlined in the University Policy Principles.
Noncompliance with this policy can be reported through this website.