Banking
Policy Number: FINA 5.20
Section: Administration and Finance
Title: Banking
Date (Original): 08/30/2024
Date (Date of Draft version): 08/30/2024
Policy For: USC System
Procedures For: USC System
Authorized By: Executive Vice President for Administration and Finance and Chief Financial Officer
Issued By: University Finance - Controller's Office
Policy Description and/or Reason for Revision:
The purpose of this policy is to set forth the University of South Carolina’s standards and general internal controls for managing banking practices, ensuring the accuracy and security of transacted payments, and fulfilling its fiduciary responsibility for all funds received and disbursed and safeguarding protected data.
Deadline for Comments: 09/16/2024
Comment Contact Name: Kelly Epting
Comment Email: eptingk@mailbox.sc.edu