This memo is sent on behalf of Julie Ghayad, Senior Director Systems and Transaction Services, and François Pouliot, Senior Director Procurement Services

McGill Financial and Procurement Services are pleased to inform you that effective February 1, 2024, the maximum Pcard transaction amount will be increased to CAD $5,000 (from the current $2,500). No action is required on the part of PCard Holders, as the Bank will automatically apply this new threshold to all PCards.