UNIVERSITY OF VIRGINIA
          FINANCIAL AND ADMINISTRATIVE PROCEDURES MANUAL



TITLE:  PREPARATION OF BANK ACCOUNT                 PROCEDURE:  4-3
        AUTHORIZATION
                                                                   

Policy Reference:              IV.A.1

Form:                          Bank Account Authorization

Obtain Blank Forms From:       Fiscal Administrators, page 4.3.4,
                               make copies as needed; or Bursar's
                               Office, Carruthers Hall 982-6000

Forward Completed Forms To:    Bursar's Office, Carruthers Hall


Purpose

This form is to authorize the operation of all University of
Virginia checking accounts.

The completed original should be attached to the "Request for Petty
Cash, Petty Cash Checking, or Change Fund," if type of fund
requested is a petty cash checking account.

Note:  Effective July 1, 1994 the dollar limit on petty cash
checking account requests is set at $2,500.  Any requests requiring
a fund balance greater than $2,500 wll require special written
approval from the appropriate Dean or Vice President.

See also Policies  IV.A.1, "Establishment and Operation of a Bank 
                            Account."

                   IV.B.1, "Petty Cash, Petty Cash Checking and     
                            Change Funds."

Instructions

The numbered items on the sample form should be completed as
follows:

1.   Date form prepared.

2.   Name of account.  Note:  All University accounts are prefixed
     by either "University of Virginia" or "UVA".

3.   Purpose of account.

4.   The expected length of time the account will be needed.

5.   Name of department or activity, phone number and Messenger
     Mail address.

6.   Signature, name, title of department or activity head.
                                                                   
7.   Signature, name, title of individual(s) with checking 
     account signatory authority.

8.   Source of funds.

9.   LEAVE BLANK.

10.  LEAVE BLANK.

Process

       Responsibility                           Action             

Department                1.   Completes form and forwards to       
                               Bursar's Office.

Bursar's Office           2.   Approves form.  Returns to
                               department.

Department                3.   Presents Authorization to bank       
                               when account is opened.

Bank                      4.   Certifies Authorization. Returns
                               to Bursar's Office.


ISSUED BY:                                                 04/05/94

University Bursar             4.3.2