Published on Finance Division (https://www.finance.admin.cam.ac.uk)

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Foreign currency transactions

International Payment Orders (IPO) are the normal method used by the University to transfer funds to individuals and organizations with non-UK bank accounts. They can also be used as a method for paying foreign currency to a UK account.


Source URL:https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-6a-non-pay-expenditure/foreign-currency