Payment runs & cut-off times

Payment runs occur on Tuesday and Friday as per the schedule below.

Day EFT payment Cheque Foreign Drafts Telegraphic Transfers (TT)
Monday        
Tuesday Yes Yes Yes Yes
Wednesday        
Thursday        
Friday Yes      

 

EFT payments

EFT payment runs will include invoices, reimbursements and advances that have completed step 4/5 in workflow and has built to an approved voucher in ES financials and are scheduled for payment that day or have a payment date before the next payment run. 


Funds will appear in the payees account the following day. Remittance advices, are either automatically emailed or mailed the day of the payment run.

 

Cheque and foreign draft payments

Cheque and foreign draft runs will include invoices and reimbursements that have completed step 4/5 in workflow and has built to an approved voucher in ES financials and are scheduled for payment that day or have a payment date before the next schedule payment run.

 

Cash/cheque/draft collections

Cash will be available for collection from ServiceOne located on Rimmer St on Wednesday.


Cheques are either mailed on the afternoon of the payment run or if specified by the business area, they can be picked up from F&BS after 2pm. Cheques not collected within seven working days will be rebanked.


Drafts are mailed on Wednesday. Drafts are not available for collection until the Wednesday afternoon as they are printed off-site by Western Union.


Note: Mailed drafts may take up to 5 weeks to be received by the supplier

 

Urgent payment request

Urgent payments will not be processed outside of schedule payment runs unless approved by a Finance Manager for College or Service Division and forwarded to Jeremy Hill @ jeremy.hill@anu.edu.au

Enquires should be directed to FSS x54777 or email financial.shared.services@anu.edu.au