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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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Propcma| tor 1heOtyo(GanilwAna <br />K�N� <br />����� <br />�� ��1xyK��u - �^`^^ <br />lit fraud m suspected on a J.P. Morgan account, fhe City will be sent documentation (Frzax:! <br />Packet) that wilt iwedt*oomp|e1od and ,o\vrnod. <br />Your Relationship &1anago/.AmyRuiz handles nvn,d'uto caused by(undixghai|uoau She mil <br />act diligenfly to conlact and work with you to help onsure the account is processed appropriately. <br />Jf Margan diarges for the use of daily uncollected funds by applying a vaiiable ovendrah ralcl <br />Avg. Negative Collected Bal x OD Rile x Actual Days in Cycle t Days in Year <br />NrAohvr Collected iFee <br />Additionally, a daily occurrence fee of $50 is assessed on a per-occurience basis. These fees <br />may Vo offset hy Earnings Credit Allowance. <br />/o�o^//c,ro//�y,o//,,� <br />The City of Santa Ana's omploymen will boable to request the au1uma8iu electronic payments 10 <br />their designated checking or savings accounts via .J.P. Morgan's eleCtIrDue funds liansfer sysern <br />ChnrQedin Oil y'u designated account Fit J.P. Morgan onihr same buoinuxu day, Oh~fiuiu <br />processod*ith|hotn1a|amnvntpnide|odroni,oUyt*ih^*nnp|oyomv'designai°400covnt <br />normally w/i|hio two (2)n/1h/on(3) business days mhorsubmission. <br />J.P. Morgan can warehouse ACH direct deposit transactions for upto90days Fries will hm <br />processed and transactions w/iUpoMusof the setUm/npnL date designated per transaction <br />���� <br />��� �� <br />���� <br />
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