Global Business Services (GBS) can work with you to recommend payment and reimbursement options if the standard University channels for processing financial transactions are problematic.
When negotiating an agreement or implementing a program that requires a movement of funds, consider issues relating to: purchasing and payment, currency, budget, reporting, taxes, and security. The movement of funds across borders often has legal and tax implications. This section provides resources and guidance on how to budget for your global activity, as well as how to access and spend funds outside of the U.S. For long-term programs, it is recommended that business planning begin at least three to six months prior to the planned activity. For shorter-term projects or immediate payment needs, timing may be quicker. This section provides guidance, information, and resources related to the financial aspects of international activities, including: