Administrative Bank Accounts

Accounts used by departments within Business Services to generally manage deposits and payables for the University.

For example, UW–Madison’s main deposit bank account is considered an Administrative Bank Account.

A custodian, reconciler, and signer are required for an administrative bank account.

Common tasks

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Open an administrative bank account

Maintain an Administrative Bank Account

View steps for the main tasks for maintaining an Administrative Bank Account in 3012.5 Administrative Bank Account Procedure

The following tasks may need to be completed at times—the needed forms are listed underneath the task. See the procedure linked above for information on who needs to complete or sign each form and where the completed forms should be sent. (The forms will often have routing information listed as well.)

Change the name of an Administrative Bank Account

Change US Bank SinglePoint access for a Custodian and/or Reconciler of an Administrative Bank Account

Close an administrative bank account

Please email Cash Management via the Custodian Funds email address (, per 3012.5 Administrative Bank Account Procedure.


Financial Information Management
Accounting Services

21 N. Park Street
Madison, WI 53715