Paying Your Bill with Foreign Currency

NOTE: A Foreign Currency payment is a ‘pending’ payment and does not apply to your University of Nebraska–Lincoln student account until all of the following steps are completed.

Step 1  Login to MyRED

Login to MyRED at myred.unl.edu

Students – Login to MyRED. Click on the “Student Account” tab at the top of the page. Then click “Pay Bill” in the menu to the right.

Parents/Others – Login to MyRED. Select “Make a Payment” under the Student Financials section. (If you do not have Parent/Guest access, contact your student.)

Step 2  Make a Payment

Enter the dollar amount you would like to pay in US dollars in the Payment Amount field, and then click on the “make a payment” link. Your payment cannot exceed the current student account balance (which will be displayed on the page). Be sure your browser settings allow pop-ups from the MyRED website.

Step 3  Select Payment Type
screenshot for step 3 showing the options in myred to pay by credit card, pay by electronic check, pay with foreign currency

Select the third option - “Pay with Foreign Currency”.

Step 4  Complete Foreign Currency Information
screenshot for step 4 showing the 'Enter Foreign Currency Information' form in myred

Complete the Foreign Currency information and click “Continue Checkout”.

If your Currency is not listed, select US Dollar.

Note: You must accept the Terms and Conditions before continuing.

Step 5  Submit Payment

Verify the information entered. If correct, click “Submit Payment”. A “Transaction Pending” page will display, and a PDF document will open with “Payment Instructions” for your bank. A copy of the receipt with the “Payment Instructions” attached will also be emailed to the address you provided.

Step 6  Deliver Instructions to Your Bank

Deliver the “Payment Instructions” to your bank within 72 hours. The quoted exchange rate is only valid for that time frame. Your foreign bank will transfer funds via Western Union to the University of Nebraska –Lincoln.

Step 7  Payment Posts to Student Account upon Final Settlement

Once the payment is received via Western Union, the payment will post to your student account and can be seen on MyRED. Until this settlement, the payment is only PENDING and will not be seen on MyRED.