Banking
Make Payments
To make payments to The University of Toledo, visit the International Payment Options page
Checking Account
A checking account allows you to write personal checks either to buy goods or pay bills. You may pay of your monthly bills (rent and utilities) through your checking account. That way, if there is ever a question about your having paid, or not, you will have proof you paid. Most baking institutions also offer online bill pay or a debit/credit card which may be used like a check.
*Never give out your checking account number to anyone except the bank representatives. If you give out your number, an individual could use it to withdraw money from your account—even without a signature from you!
Savings Account
A savings account is for extra money. You should put money which you will not need for daily or monthly living expenses into this account. You can save money for tuition, books and insurance in this account.
ATMs
Automatic Teller Machines or ATMs are machines where you can withdrawal or deposit funds into your checking or savings accounts. You will use a PIN number to access your account. Most ATMs are located near the entrance of banks, large grocery stores, and shopping centers. There is typically a nominal fee ($2 or $3) associated with withdrawals from ATMs.
Memorize your PIN number! Never carry it with you.