Secure Banking Arrangements

UNDP uses two bank accounts (US dollar and Euro) for receiving contributions from the Global Fund:

  1. UNDP Contributions Account
    Account No. 36349562
    111 Wall Street
    New York, NY 10043
    Routing number 021000089
    Swift code CITIUS33
  2. UNDP Contributions Euro Account
    Bank of America
    Account No. 6008-62722022
    5 Canada Square
    London, E14 5AQ
    United Kingdom
    Swift code BOFAGB22

Prior to Board approval and/or signing of the Grant Agreement, the Global Fund undertakes the process of bank verification and authentication by requesting the details of the bank account of the Principal Recipient (PR) into which the grant disbursements will be deposited. Country Offices (COs) should request bank account confirmation letters from the Global Fund Finance Specialist (New York) in the Global Fund Partnership Team. The Bank account details are reflected in the Face Sheet of the Grant Agreement in the section entitled ‘Routing Instructions for Disbursements’ and include the name and contact information (telephone number and/or email address) of the bank manager for verification of the details.

Contributions will be credited to the bank account identified on the Face Sheet. The Global Fund disburses funds directly to the PR and they should clearly reference the applicable Grant Number in all deposits.

Country Coordinating Mechanism (CCM) funding should also be deposited in the HQ Contributions Bank Account.