Wire Transfers

The PSC honors wire payments for international suppliers where the payment must be made to the suppliers account and/or made in a non-U.S. currency. Previously under the associated PSC Procedural Statement for Wire Transfers, the wire transfer minimum required by the policy was $500. Effective March 31, 2023, the policy has been revised to allow for wire payments to international payees with a minimum of $100. The policy still restricts wire payments to international suppliers/payees, and the department is still responsible for submitting the necessary documentation for the payment, however the PSC will begin honoring wire payments starting at $100.