Finance Updates

News, updates and information from the University of North Dakota Finance team.

[REMINDER] Updated ACH/Direct Deposit Authorization form and supporting materials requirement

A new version of the ACH/Direct Deposit Authorization form – dated January 2024 – has been published by CTS. The new form is available for use effective immediately. Supplier requests already submitted will be processed with the previous form version, but effective 2/15/2024, the January 2024 revision will be the only version of this form that will be accepted┬áto setup or change supplier banking information.

In addition to this newly revised form, additional supporting documentation will now be required for the setup or edit of suppliers with ACH/Direct Deposit information. For example, a voided check or bank letter must be included with the ACH form.

If your duties include supplier setup activities and you require a copy of the new form, please email to request a copy.

Thank you,

Procurement & Payment Services