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RFA 210 -006 <br />■ Our automated operating system enables us to track deposits by customer, date, <br />location, and vault teller, and to monitor each handoff of your deposit throughout <br />the validation process. <br />■ Emptied deposit bags are saved under batch IDs for up to six months in case <br />research is needed. <br />5. State the applicant's Availability Policy if it differs from the published Availability <br />Schedule. <br />The bank does not have an Availability Policy, only an Availability Schedule. rtor '" <br />6. Does the applicant offer any expedited availability? If so, describe. <br />Expedited availability on checks deposited is available with Desktop Deposit Service and the <br />Smart Decisionin (ACH check conversion) services. Additional details about these services can <br />be found in $ of this proposal. <br />7. Explain why and for how long deposits or credits might be delayed. <br />Deposits made by the City prior to deadline will not be detayed. Other credits (e.g., wires and <br />ACH) will post on effective date. <br />8. If provisional credit is given on vault or teller deposits before verification, when <br />does verification occur? <br />Final verification of deposits occurs within 72 hours. <br />9. Include a list of all the applicant's deposit locations. <br />A list of locations in San Marcos located in A*OndW Stwii I:oc� <br />San Antonio and Austin location can be provided upon request. <br />D. REMOTE ELECTRONIC CHECK ACCEPTANCE AND CONVERSION The City is <br />interested in establishing remote check acceptance through back -office conversion <br />including deposit of both consumer and commercial checks at the City Hall location and <br />possibly at other locations in the future. Provide the following information: <br />1. Describe the bank's process and capabilities in capturing checks remotely. <br />Describe equipment needs and limitations. <br />Desktop Deposit <br />Wells Fargo was first to market with a proprietary, Internet -based image depository <br />solution and as of December 2007, we had approximately 4,700 customers that have <br />deposited $226 billion in total. The Desktop Deposit service allows you to deposit <br />checks without ever leaving your desk. You'll improve cash flow and receive information <br />more quickly, while reducing the time, costs, and risks of physically transporting check <br />