Payments Abroad

What is the mechanism for payment abroad? 

Confirm the host country’s banking system and how U.S. funds are sent and managed in-country.  The project administrator should ensure that the specifics of the payment process (i.e. check versus wire transfer) are included in the agreement and processed appropriately.

If Harvard must purchase supplies or services on behalf of a subrecipient, a local Harvard bank account may be established with a local bank; each school’s financial administration is familiar with this process and can help in working with Cash Management on establishing an account and managing cash flow. GSS can also advise on alternative arrangements when local bank accounts are impractical. For information about requesting and managing a bank account abroad, see http://vpf-web.harvard.edu/ofs/policies/documents/unive_bank_accou.pdf.