Payment Type Selection Chart

Payment Type	Important Information for Departments
ACH/EFT	University payment type for all domestic suppliers Least amount of risk to both the University and the Supplier Fastest payment delivery to the Supplier Sign-Up for ACH/EFT using 3401 FR.02 Supplier Payment Setup: ACH/EFT. Attach it to your set-up/change request
SUA	Predetermined and executed only by Procurement
Wire	University payment type for International Suppliers or Payments Requested in a Foreign Currency Foreign Currency wires must be $100 or more
Check	Only if no other option is available Increases risk to the University and Supplier due to fraudulence Increased time to receive payment for the Supplier (time to mail, lost/stop payment/ reissued checks)