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December 01, 2020 - The updated Direct Cash Transfers and Reimbursements policy and procedures are now available. The summary of major changes and their implication on UNDP Offices are:
- Clarification has been made that NEX Advances can only be made to Partners, and not to responsible parties in full NIM projects.- Clarity has been added for non-local advances to national implementation projects in paragraph 9, which should be submitted to UNDP HQ Treasury for appropriate approval in accordance with UNDP Financial Regulations and Rule 125.06.r.- Added clarification that Partners may open a separate bank account for receiving and managing UNDP advances where deemed necessary.
Procedures which offices should take to address unsupported payments reflected in assurance reports, including audits and spot checks, have been added.
August 16, 2018 - The Direct Cash Transfers and Reimbursements policy is available in French. To access the document, click on the French language tab.
April 06, 2018 - The Direct Cash Transfers and Reimbursements policy is now available in Spanish. To access the document, click the Spanish language tab.