All conferences must open a bank account to hold all conference funds and provide IEEE Conference Finance Services with access to it. There are several different types of accounts:
Conference Finance Services recommends an IEEE Concentration Banking Account for all US-based conferences. This is an account set up through IEEE. It works just like a normal checking account. It not only meets IEEE financial requirements but lets you write unlimited checks and pays higher interest than most business accounts.
These accounts are only available in US or Canadian dollars.
If your conference opens a local bank account, you must:
If your conference uses a third-party ledger (such as a university account) or opens an account in a name other than IEEE, you must sign a Fiscal Agent MOU.
IEEE is ready to help. If you have questions about opening a conference bank account, please contact Conference Finance Services.
Do you have other questions about organizing a conference? Please see IEEE Conference Organizer Contacts.
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