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RFA 210 -006 Wells Fargo makes Image Positive Pay reporting available to you through our Commercial Electronic Office Internet portal and through the CEO Mobile service. Our information reporting system is fully integrated with the CEO portal, making it easy for your staff to access all relevant reports and information. With our Perfect Presentment and traditional positive pay services, we exclude MICR errors /misreads from positive pay reports before we provide them to you. With our basic positive pay service, reports contain all positive pay exceptions, including encoding errors. Check images are fully integrated into all of our positive pay service options. Your staff will use the CEO portal or CEO Mobile service to access exception reports and view check images —and to submit your pay /no pay decisions. This greatly simplifies the time and effort associated with processing exception items. Payee Validation This enhancement to our Perfect Presentment and Positive Pay service plans, provides your customers with extra security against payee alteration fraud. The customer simply includes payee names, exactly as they appear on their checks (up to 120 characters), in their ARP check register files for fast, easy implementation. The Bank validates payee names on all checks presented for encashment at our teller windows and on deposited checks above the threshold dollar amount. Payee matches are paid, payee mismatches are returned. CEO Mobile The City can monitor your accounts and perform time- sensitive banking functions through the browser of your mobile device. Wells Fargo is the first major U.S. bank to bring you corporate mobile banking. The CEO Mobile service delivers mobile versions of reports and services available on Wells Fargo's Commercial Electronic Office Internet portal to you when you're away from your desk. By enabling CFOs, Treasurers, Cash Managers, and other key decision makers to connect from meetings, airports, across town, or around the globe, the CEO Mobile service maximizes efficiency and convenience. At Wells Fargo, we understand you want access to your positive pay exception reports as quickly as possible. Therefore, we configured our systems to notify you immediately, by e-mail or fax with our Event Messaging service, whenever a report is available. This makes it easier for your staff because they no longer have to check periodically to see if a report they need has been published. 4. Does the bank review exceptions such as encoding errors for possible repair before creating an City exception item? MICR encoding errors are examined and corrected before any item is returned unpaid. Yes, Wells Fargo notifies you via the Exception report of any unmatched exception items. Your customer reviews these exceptions and notifies Wells Fargo by the published deadline which checks, if any, should be returned unpaid to the prior endorser marked "Refer to Maker," or which checks should be paid. Instructions to Wells Fargo to pay or return checks unpaid are made on -line through the Commercial Electronic Office (CEO ®).