Terms of Payment & Discounts

Ryerson's terms of payment are Net 45 days, unless otherwise stated on the purchase order.  Where a discount is available for prompt payment of invoices, Purchasing and Payment expedites payment accordingly.

Invoices are to be addressed to:

Ryerson University
Financial Services Dept.
350 Victoria Street
Toronto, Ontario, M5B 2K3

Invoices are accepted in paper and electronic format to invoices@gwemail.ryerson.ca with the invoice number, purchase order number and details.  For general inquiries call 416-979-5000 ext. 5010 for assistance.

Ryerson assumes no responsibility for payments of obligations except those incurred in accordance with current purchasing regulations. Invoices that do not include a valid purchase order number and applicable taxes are subject to return for corrective action.

Payment Methods

Ryerson's payment methods include Petty Cash, Purchasing Card, Travel Card and Direct Deposit.  Ryerson recommends using direct deposit (Electronic Funds Transfer (EFT)) to direct your payment to your financial institution.  If you are interested in receiving your invoice payments as EFT's please contact the Acting Manager, Payment Services at (416) 979-5000 ext. 4748.

Ryerson's can release payment only to suppliers that provide a Canadian Revenue Agency (CRA) business number. The Contractor Certification Form must be completed by all non-corporate suppliers.