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55A - RESO - DEPOSITORY SRVS
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12/15/2015
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55A - RESO - DEPOSITORY SRVS
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Last modified
12/10/2015 4:56:37 PM
Creation date
12/10/2015 4:25:50 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55A
Date
12/15/2015
Destruction Year
2020
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U��� <br />proposal for the ��ifyofSmn�a��na «�,��l��ornn <br />All actions taken within the portal are date/time stamped and associated to the user who <br />performed them, providing a complete audit trail, <br />Encryption -S5L <br />Traffic between the browser and J.P, Morgan systems in protected via 120'bit SET encryption. <br />Traffic un internal networks in also protected- <br />,I df, /vv//u'x/'a'e"''zg//'n/'.�x)////// <br />/m fo ./ov///;/nuoaa/"I/o�o/ <br />umxco <br />r,u,/uemo/o:o/,aoo/mo/,,�nc/,c/ooeo,/v8anm�'oox/*x///zn�°/�ceom'rm�xoxn/o*nn <br />W/e( ome'ym,f, ycmsh <br />Our Santa Ana branch, located at 1300 N� Main Street, is less than a mile away from City Hall, <br />wv,mmn / ,//,� m w,*/ <br />The City will recerve sarne-day ledger credit for any deposit made prior to established cutoff <br />times. <br />Cutoff Times for Same-Day Ledger Credit <br />Same-day ledger credit is given to deposits received by the following cutoff times: <br />Branch dopunitn - -Cutoffdnnnsfn,depnsits received "tbranches differ bylocation. Local <br />branch maragernent will inform your local representative of all cutoff times during the initial <br />set upo( your depository business. <br />Los Angeles Vault -8:O0pm. local time <br />" <br />Electronic Check Deposits via |DD-7:00pm.PT <br />Wire and ACH transactions are performed in real-time with funds received available for <br />immediate investment. <br />oe��,unmeaa/m�xenu�//,e,p//,m,m/x�/xc/uoaco�'n.� Ulf, M�xnx�/�e��xe�m�/�ewmo� <br />(umo», uupuv//g)) xa,c,r <br />VVu understand that each deposit is unique and that h may net always bo convenient tnorganize <br />deposits ino set manner. Our ubiootivuisto remain flexible for the City. <br />J.P.&1n,gmo'` currency and coin depository policies are outlined below, <br />Currency <br />J.P. Morgan does not require that cash be deposited in standard straps, however, we do provide <br />price incentives based un how the deposit io prepared. J.P. Morgan provides a Cash Services <br />Product Guide that clearly illustrates the most advantageous manner in which deposits may be <br />propared.C|ientovvhomakohighquo|iiy.prnpedyprepareddnpusitsreoeivathemnm{ <br />advantageous deposit processing p/ioing` <br />Coin <br />We accept loose and rolled coin for deposit at vault, banking center and night drop locations. <br />Regular deposits can contain up to $5 in coin. We prefer that larger coin deposits (greater than <br />$5) Uo\o our corporate vaults using the plastic bags specifically made tv accommodate large Gain <br />deposits, The bags should weigh less than 5Opounds. <br />There are price incentives for preparing standard coin bags (sorted hy denomination into Fed- <br />standard dv||uramnunts).a!ihnughvvew/i||accoptmixudandpartia|baQuuovvo||. <br />Pn$vu1 <br />55A-41 <br />
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