OBFS has updated its policy manual with the latest policies from the Open Comment period of January 19-February 2. As always, we appreciate the insightful comments and questions from the University community. The next Open Comment Period is scheduled for April 19-30.
At any time you have questions or comments about OBFS Policies and Procedures, contact us at: email@example.com.
The following new and revised policies are now published:
Section 8.14 – International ACH Payments http://www.obfs.uillinois.edu/cms/one.aspx?portalId=909965&pageId=913521
This new policy is in response to a federally mandated ACH format change that affects Direct Deposit payments destined for transfer into foreign banks and financial agencies.
If you have questions about Section 8.14, contact University Payroll Customer Service at firstname.lastname@example.org, or phone: 312-996-7200 Chicago; 217-206-7211 Springfield; or 217-265-6363 Urbana.
Section 19.10 – Credit/Debit Card Security http://www.obfs.uillinois.edu/cms/one.aspx?portalId=909965&pageId=914043
The payment card industry (AmEx, VISA, MasterCard, and Discover) has mandated a security standard that must be adopted by all merchants conducting credit/debit card transactions. This new policy documents the University's compliance with this security standard.
If you have questions about Section 19.10, contact Merchant Card Services at email@example.com, or phone: 217-244-9384.
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