Payee Onboarding Guide
- Payee Management
- Invoices
- Payment Methods & Net Terms
Payment Methods and Net Terms
As a UC San Diego supplier, you will have an opportunity to select the payment option and associated terms that best meet your business needs. For any issued payment inquiries, please reach out to Payment Services.
Net Terms
Payment net terms are the number of days from the invoice date to when the payment is issued. This will vary depending on the payment option you select.
How To Get Paid
Payment options are classified as Preferred, Standard, and Limited.
|
Payment Method |
Payment Preference | Net Terms | Notes/Learn More |
| Virtual Credit Card | Preferred | Immediate | Standard merchant processing fees will apply for Virtual Credit Card payments. The processing fees that are applied depend on the fees set forth by your merchant processor. Learn more about Payment Plus Virtual Card. |
| ACH/Direct Deposit | Standard | Net 30 | Available to all suppliers with US (Domestic) Bank Accounts only, SWIFT numbers will not be accepted. |
| Paper Check | Standard | Net 60 | Payment term for check is Net 60 from the invoice date. UC San Diego is moving towards a fully electronic environment therefore checks will only be issues to suppliers who do not accept any other form of payment. |
| Procurement Card | Standard | - | Only available if the purchase is under $4999, when a PO or contract isn't required. |
| Wire Transfer Payments | Limited | Wire processing times may vary | Wire transfers are reserved for foreign suppliers who do not accept UC San Diego’s preferred payment method (Virtual Credit Card). Bank fees may apply for wire payments. |
| - | - | Pay upon approval | Non-PO Suppliers & Guest Travelers |
| - | - | Net 1 | As part of our Small Business Development Program, we offer qualified small businesses the benefit of accelerated payment terms regardless of their payment method. Learn more about benefits for Small Businesses. |
*During registration in PaymentWorks, third-party payment methods may be offered.
** All payments are subject to approval.