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Banking Information |
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U.S. banking connections
should be established before you leave home. To transfer money to the U.S., you
can instruct your home bank to issue a foreign draft on a U.S. bank in New
Haven. This is preferable to presenting a draft on a New York City bank.
Clearance on a draft between banks in different parts of the U.S. can result in
a delay of up to two- three weeks in making funds available. Since there are
expenses, which must be met immediately upon arrival, you may want to avoid
unnecessary delays. A few U.S. banks have branches in foreign countries. These
could be used if the U.S. bank is located within the vicinity of New Haven. If
not, all large U.S. banks have what are called "correspondent" foreign banks in
which they have established financial connections. In most countries you can
find a local bank that has correspondent relations with a U.S. bank in the New
Haven area. A transfer of money from one correspondent bank to another requires
obtaining a draft from the home bank and presenting it, with personal
identification, to the U.S. bank. The U.S. bank will then give credit in U.S.
dollars. You may also request that your bank at home "wire" money to you once
you have opened an account at a New Haven bank. Below is a list of banks in New
Haven close to campus. You should consult with the individual banks about the
arrangements for transferring funds as well the different features, services and
fees charged.
Bank of America, 157 Church Street and 88 Broadway, www.bankofamerica.com Citizens Bank, 209 Church Street, (203) 821- 3080, www.citizensbank.com Chase Bank, 234 Church Street, (212) 935-7744, www.chase.com TD Banknorth, 2 Whitney Avenue, (203) 782-3601, www.tdbanknorth.com NewAlliance Bank, 195 Church Street, (203) 789- 260, www.newalliance.com People’s United Bank, 265 Church Street, (203) 785-9119, www.peoples.com Wachovia Bank, 47 Church Street or Church and Elm Streets, (203) 773-8002, www.wachovia.com Webster Bank, 80 Elm Street, (203) 782-4588, www.websterbank.com
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OFFICE OF INTERNATIONAL STUDENTS AND SCHOLARS
421 Temple STREET
YALE UNIVERSITY
NEW HAVEN, CT 06511
TELEPHONE: (203)
432-2305
FAX:
(203) 432-7166
COMMENTS: WEB MANAGER
Last updated:
05/07/2008 03:31:16 PM
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Copyright © 2000-2008