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RFA 210 -006 ACH Direct Origination: Customer has the ability to create NACHA formatted files. Customer prepares and transmits a NACHA formatted file to the bank via PC, or mainframe (Secure File Transport*, Connect Direct or Connect Enterprise). File confirmations (Cnotes) will be transmitted or faxed to customer for file validation. For customers originating check conversion (Accounts Receivable Check Conversion (ARC), Point of Purchase (POP), the customer has the ability to create Perfect Parsing formatted files. Deadlines: Same Day - 6 p.m. CT, One Day - 8 p.m. CT, Two Day * - 11 p.m. CT * Two Day files recommended for payroll. Internet ACH: Customer creates, and manages an ACH database that is housed on a Wells Fargo server. Database is accessed through customer's Internet Service Provider (ISP) No File Confirmations (Cnotes) are provided. Deadlines: One Day - 8 p.m. CT, Two Day * - 8 p.m. CT *Two Day files recommended for payroll. 2. What is the policy on and handling of ACH returned items? Wells Fargo makes available an ACH Return /NOC report. This report provides detailed information on all returned ACH transactions. Automatically matches your return items to the original transactions. You can view a settlement summary or full details about each return, including transaction detail for ACH Returns both inside and outside the U.S., contested /corrected dishonored returns, NOCs, dishonored returns, redeposits, and refused NOCs. 3. Can ACH items be future dated? Yes, Wells Fargo provides up to 45 days ACH transaction warehousing capability so the effective date of a transaction may be up to 45 days in the future. Same day transactions are only allowed for Wells Fargo accounts. Transactions destined for other financial institutions must have next day or future settlement date. 4. What specific filters and blocks are available on the accounts? Define and describe all your fraud filter options. Our ACH Fraud Filter is the tool we offer to protect you against unauthorized debits. The Fraud Filter does not match ACH debits against an issue file. Instead, the system automatically rejects any transaction that you have not specifically pre- authorized. During the implementation phase, you identify recurring ACH entries that are authorized to debit your account. After your implementation is complete, you can then use our online CEO portal to create additional pre- authorizations. This provides an easy and quick way for your staff to authorize new transactions. The City has two options for setting dollar limits. Set a predetermined dollar limit for all transactions. Those transactions under the predetermined dollar amount are paid, while those over the predetermined dollar amount are stopped and reported to you.