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Payment Agreement

 
Old 08-26-2009 at 08:51 PM   #1
smshlyxlhl
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Payment Agreement
Hi

I am just confused about the payment agreement stuff.

1:There is a new system they got called INTERAC which I can pay by that, but I only have a credict card from HSBC. ..and I checked their members , there is HSBC...However when it comes to select the online bank page, there are only four major banks available except HSBC. So I guess i can't pay by that method, or is there a other way around?

2: If I go to a bank to make a payment in person, is the student number enough to make the transaction?

Appreciate
Old 08-26-2009 at 08:53 PM   #2
jhan523
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Quote:
Originally Posted by smshlyxlhl View Post
Hi

I am just confused about the payment agreement stuff.

1:There is a new system they got called INTERAC which I can pay by that, but I only have a credict card from HSBC. ..and I checked their members , there is HSBC...However when it comes to select the online bank page, there are only four major banks available except HSBC. So I guess i can't pay by that method, or is there a other way around?

2: If I go to a bank to make a payment in person, is the student number enough to make the transaction?

Appreciate
1. Interac uses debit cards not credit cards. All banks use Interac but McMaster only accepts those 4 banks.

2. You can make an online transaction. If you go to your payment agreement and click on the bubble in the payment method section, they will tell you how.
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Old 08-26-2009 at 09:42 PM   #3
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Quote:
Originally Posted by smshlyxlhl View Post
If I go to a bank to make a payment in person, is the student number enough to make the transaction?
If you do online/telephone banking, your student number is your account number. If you choose to use this method (online or telephone banking), remember that it will take 3-4 days to transfer the money to McMaster. So, I would recommend calling your bank soon
Old 08-26-2009 at 09:47 PM   #4
smshlyxlhl
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Thank you guys.so basically I just tell them my student number as my account , do I need to tell them this transaction goes to Mcmaster, for example, a specific account under the university financial department?
Old 08-26-2009 at 09:50 PM   #5
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Quote:
Originally Posted by smshlyxlhl View Post
Thank you guys.so basically I just tell them my student number as my account , do I need to tell them this transaction goes to Mcmaster, for example, a specific account under the university financial department?
You can do the payment online... You just set up a bill. The institution or business or whatever is McMaster University.
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Old 08-26-2009 at 09:52 PM   #6
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If you're wondering about credit cards in general... Mac doesn't take credit card payments =(
Old 08-26-2009 at 09:56 PM   #7
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Quote:
Originally Posted by Ivan Q. View Post
If you're wondering about credit cards in general... Mac doesn't take credit card payments =(
Unfortunately, no. There are only four payment methods: Interac Online, Online / Telephone Banking (transfers take 3-4 business days), Cheque / Money Order / Bank Draft (payable to McMaster University) and International Wire Transfer (international students only). However, I think it would be a great idea to make a new method for credits cards.
Old 08-26-2009 at 10:00 PM   #8
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Quote:
Originally Posted by rrtt View Post
Unfortunately, no. There are only four payment methods: Interac Online, Online / Telephone Banking (transfers take 3-4 business days), Cheque / Money Order / Bank Draft (payable to McMaster University) and International Wire Transfer (international students only). However, I think it would be a great idea to make a new method for credits cards.
Maybe the reason that they don't want credit cards is because the interest doesn't go to them. Although if that's true then money orders wouldn't make much sense...
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Old 08-26-2009 at 10:02 PM   #9
rrtt
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Quote:
Originally Posted by smshlyxlhl View Post
do I need to tell them this transaction goes to Mcmaster, for example, a specific account under the university financial department?
There is no specific account/department. Like jhan523 said, you just need to mention that the institution is McMaster University.

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Old 08-26-2009 at 10:15 PM   #10
Ivan Q.
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Quote:
Originally Posted by rrtt View Post
Unfortunately, no. There are only four payment methods: Interac Online, Online / Telephone Banking (transfers take 3-4 business days), Cheque / Money Order / Bank Draft (payable to McMaster University) and International Wire Transfer (international students only). However, I think it would be a great idea to make a new method for credits cards.
Yeah. I wanted to use a credit card b/c mine gets me a rebate back. Oh well =/
Old 08-27-2009 at 10:58 AM   #11
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Thanks guys, eventually I paid by telephone banking...but I am worried about one thing though, it syas it takes 3-4 business days, if it does take 4 business days to transfer, the university will get the money on September 1st...is there a problem with that...- -!
Old 08-27-2009 at 11:00 AM   #12
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Quote:
Originally Posted by smshlyxlhl View Post
Thanks guys, eventually I paid by telephone banking...but I am worried about one thing though, it syas it takes 3-4 business days, if it does take 4 business days to transfer, the university will get the money on September 1st...is there a problem with that...- -!
Nope. They want your money to be in no later than Sept 1st I think so you should be fine.
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Old 08-27-2009 at 11:09 AM   #13
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Forgetting to pay the university is not a good experience.
Old 08-27-2009 at 12:33 PM   #14
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Can we pay by Interact online anytime on September 1st or does it have to be by 12 am on Sep 1?
Old 08-27-2009 at 01:29 PM   #15
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this may sound really stupid but i couldnt get the office to answer my call cuz its busy.... i paid my tuition based on the amount on my payment agreement n then when i chek my status on student accounts ...... the amount on my student account is 20 CENTS higher than the one on my payment agreement so my tuition is paid but its 20 cents short....so how can i pay the 20 cents i dont think this amount is transfereable ... if i dont pay bu august 31 would i be deregistered from my classes? im goin to pik up my osap on 31 can i pay it cash at the financial aid office?



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