Section 9 Introduction
(Last Modified on June 13, 2019)
In accordance with Section 7.5 of the Board of Regents (BOR) Policy Manual, this section provides guidelines and instructions that USG institutions must follow when requesting banking services, including opening domestic and international accounts, adding or updating services, negotiating bank fees and evaluating banking relationships.
Merchant card services are not managed as part of banking services, however, they are subject to oversight by the State Depository Board (SDB) and the Office of the State Treasurer (OST). These services are discussed in more detail in Section 9.3.↑ Top