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Proposal for the City of Santa Ana <br />JTMorcyan <br />2. The redeposit appears on advice and posts as debit and credit to your account <br />3. The redeposit appears on return item advice but does not post to your account <br />Re- presentment via ACH <br />UCC guidelines specify that the redeposit of a paper item may occur only once. <br />J.P. Morgan's Re- presented Check (RCK) service allows up to two re- deposits of eligible items. <br />Re- deposits may occur one time by paper and another by ACH, or via two ACH presentments <br />with no paper redeposit. <br />The City of Santa Ana will be able to choose the date of the first ACH debit (e.g., on the next <br />business day, a specific number of days in the future [up to 30 days], a specific day of the month <br />[such as the 1 st or 15th] or the end of the month). <br />The ACH processing unit will set up the ACH file and send out the ACH debits for processing on <br />your behalf, It there are any items that are not paid through the ACH presentments, ACH will <br />debit your account and will notify you of those items. <br />Online Reporting <br />All return debits are available online, via J.P. Morgan ACCESS. The data available will depend on <br />the posting option (single item or Iurnp sure) selected by the City. <br />Current Day <br />Periodically throughout the day, we will update your available balances to reflect the return and <br />re- deposited items that we have processed. Your available balance will be reduced to account for <br />the end -of -day posting of returned items and for redeposit float. Each item will be a reportable <br />transaction and will contain summary information (transaction type, check number and dollar <br />amount). Please note that our Returns Units will process all items received during the day. <br />Therefore, some items may not be processed until after your business day is over. <br />Prior Day <br />These reports are typically available by 8:00 a.m. PT. Single -item posting data will include the <br />dollar amount, the return reason and, if enabled, the store/location number and the maker name. <br />The following data, if available, will also be included: the check number, the original deposit <br />amount and the original deposit date. <br />Lump -sum posting data will include the dollar amount, the store/location number (if enabled), the <br />advice number and the number of items that are included in the debit. <br />Prior -day returns data are also available via a RAI transmission. <br />')r: , b, ..... ,sla o " .r W" " t+,!a + w,Ai} (;3b , -h nf".' ,w,Pun• bee f,Un{i? <br />J.P. Morgan offers automated coin and currency ordering services (change order services). You <br />may request change orders as the need for coin and currency arises or establish a standing order <br />via the telephone using our voice response unit (VRU) or through the Internet. These options are <br />available through all of our vaults and branch network. <br />As- needed change orders can be setup 24 hours a clay, seven days a week and up to 14 days in <br />advance of the requested delivery date. We guarantee that orders placed prior to 1:00 p.m. local <br />time will be available for armored carrier pickup by the end of the business day in the vaults or <br />ready for pickup the following morning at the specified branch. <br />Page 29 <br />