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Banking Policy

Royal Roads University Policy

Policy Number: 
d1070
First implemented: 
March 18, 2005
Approved By: 
Board of Governors
Office of Oversight: 
VP & CFO

Board Policy Statement

Royal Roads University shall maintain such bank accounts as are necessary for effective financial management.

Philosophy

The University will manage all of its business operations in an efficient and effective manner.

President's Responsibilities

The President will ensure appropriate operating procedures are in place.

Information, Action and Monitoring Requirements for the Board

The President will ensure that major issues with, or changes in, banking arrangements are reported to the Board.

Related Documents

Royal Roads University Prodedures Manual - Banking

Dates

18.3.5 - Board Approval
18.3.5 - Implementation
18.3.8 - Review Due (approval date + three years)