Payments & Banking
Making Local Payments Abroad
To make payments abroad, you often need to use different means than those used domestically. Along with the Office of Treasury Management (OTM), Accounts Payable (AP), and your School's Finance Office, we can help you identify the appropriate payment option to transmit or transport your funds. The most common options are described below. We can also advise on a foreign country’s currency control and banking regulations for on-the-ground operations.
Note: Due to Russia's invasion of Ukraine, the U.S. government imposed severe financial sanctions on Russia and individuals and entities supporting the Russian government in Russia, Belarus, and certain regions of the Ukraine. Review the latest guidance to determine impacts to your research, collaborations, shipments, payments, travel, and other Harvard-related activities.
Always consult with your School’s Finance Office about your plans, especially if you expect to need a local bank account or operating advance. You can also contact us or one of the relevant offices below.
- Budgeting and managing for grant-funded projects: Office of Sponsored Programs (Cambridge) or Sponsored Programs Administration (Longwood area)
- Payment options, instructions, and forms: Accounts Payable