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Res 2015-135/approving an agreement between the City and Wells Fargo Bank, N.A. for the provision of Depository Services contingent upon the depository’s provision of sufficient insurance in accordance with the attached agreement
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Res 2015-135/approving an agreement between the City and Wells Fargo Bank, N.A. for the provision of Depository Services contingent upon the depository’s provision of sufficient insurance in accordance with the attached agreement
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3/16/2016 1:44:04 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2015-135
Date
10/20/2015
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B. Online bank information and reporting: <br />a. The successful applicant will provide automated cash management <br />services and daily balance reporting for timely access to balance <br />information and transactions. Minimum services include: <br />a. Prior day summary and detail balance reporting on all accounts and <br />one day float; <br />b. Initiation and monitoring of stop payments; <br />c. Positive pay reporting and exception transactions; <br />d. Initiation and monitoring of account transfers, and <br />e. Initiation and monitoring of internal and wire transfers. <br />a. Monthly statements and account analyses will be available online. Prior <br />day balance reporting will include at a minimum: <br />a. Detail on all transactions; <br />b. Summary account reporting with prior day closing ledger and <br />collected (available) balances; <br />c. One -day float. <br />3. Respond to the following: <br />a. Describe the applicant's online banking and reporting systems. List <br />all the system capabilities and services provided (i.e. balance <br />reporting, wires, positive pay, stop pay, etc.) List time online <br />information is available for each type. Are services for various <br />modules bundled or unbundled? If unbundled, list the modules <br />available and if they are charged separately. <br />Designed as a one -stop shop for access to banking services, the CEO portal <br />also provides the City access to the following services: <br />Treasury Management <br />International Services <br />ii.H De l,,A(6 et Ro" "t,t r':;ci�fi !_);liifln <br />E,81'1,3ttlilit .L.,.,.',:'i li r`f :.>(91ViE.F'S <br />'lCt l Fraud t=ilt �r <br />r'or'ign Em arrr ;e <br />ACt I (n ,;3rr <br />Fr!ide :., ervic: s . nime <br />FradeX;;har V,: ter- evicts <br />ARP (l,�'LaIE,Ce i�t 291ti I:E?il:?rlr; ":', <br />I r:iUt':<C���9 r`: C!'i. Fop i?OrC jt'(tiriC�_5 <br />;aSiY= Banking <br />s <br />2.(J:,- ,%dhri,`ge: i'trs .�md Images <br />i V:ItAilf <br />- <br />i,redtt, Loan, and Finance <br />� ar, <br />- <br />1C -ii e rn .. 'a <br />i i t eri <br />tlEicaii:Cic, re C !n`:.. <br />M Ei';�i te 1 mai'IC itr :?c }r(!: ^Cj <br />fwa, : Sri; t,vJ 11<.ty <br />
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