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RFA 210 -006 <br />Full Account Reconciliation: The City would send issued check information to Wells Fargo. <br />Wells Fargo would then match the issued check information with the paid check information and <br />provide reports to the City showing both matched and outstanding checks. <br />Ensuring accuracy is a critical function of any data transmission service. At Wells Fargo, we <br />designed our system to provide prompt verification that all your records were received and <br />processed. <br />If you subscribe to our ARP File Confirmation service, our system automatically sends you an <br />ARP File Confirmation Report each time you transmit an ARP register file. This report is <br />transmitted by electronic transmission, email, or fax, and it confirms that your file was accurately <br />captured. Specifically, it lists the number of register items received, the number of items <br />captured, and the total dollar amount of captured items. It also details each rejected register item <br />along with the reason it was rejected. This comprehensive approach ensures the integrity of the <br />data files you submit. <br />2. Are reconciliation reports available on -line? <br />Reports are available in paper and online through the Commercial Electronic Office (CEO). <br />Reports are maintained online for 3 months. <br />3. Describe the cost efficiencies, if any, of combining partial reconciliation with <br />positive pay in your bank. <br />Positive Pay is normally used in conjunction with Full Account Reconciliation. However, Positive <br />Pay can be used in conjunction with Partial Account Reconciliation. There is not a monthly cost <br />for out Positive Pay Service. <br />4. When are reports available for full reconciliation? Are they online or paper? <br />Downloadable? Update Abilities? <br />ARP Paper Statements are generated and mailed within 4 business days. The City will be able to <br />access the ARP statements and their ARP optional reports via the Commercial Electronic Office <br />business portal. The statement and reports will be sent in a PDF file or downloadable in CSV or <br />Excel formats for the customer to manipulate as needed. <br />5. Provide samples of account reconciliation reports. <br />You can view sample ARP reports through the CEO demo at <br />https:/ /wellsoffice.wellsfargo.com /ceo public /product demos /demo portal /index.isp <br />J. OPTICAL IMAGING Describe the applicant's optical imaging process and what <br />items are able to be captured (checks, statements, deposit slips, deposited items, etc.). <br />Provide the following information: <br />1. Describe the service and provide sample reports and screen layouts. <br />