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3. Describe the Bank's deposit requirements, including coin, currency and check <br />deposits. Who is responsible for the cost of deposit supplies (bags, deposit <br />slips, etc,)? <br />The required deposit bag is a tamper - evident, two - pouch, "cash and check" <br />plastic security bag. One pouch is resealable; the other is tamper - evident. One <br />side of the bag must be clear to verify the contents, and the bag number must be <br />bar -coded on the outside of the bag. <br />J.P. Morgan also requires the City to use disposable plastic coin bags for coin <br />deposits greater than $lo. <br />For bulk coin deposits sorted and bagged by denomination, the City should follow <br />Fed guidelines for deposit based on the following Fed -ready denomination <br />amounts: <br />Deposit Guideline <br />r�m'n pepoSleS <br />DAMMInation <br />Standard Unit <br />standard ARA <br />Dollar Atnonnt <br />ColorCode. <br />Pennies <br />560 <br />Red <br />Nickels <br />$200 <br />Sim <br />Diates <br />$1,000 <br />Green <br />Quaders <br />$1,000 <br />Orange <br />Nalves <br />.$1,000 - <br />Su9f <br />Dollars: <br />Eisenhower Dollars <br />$1..000 <br />Gray <br />PresidentialfNative $2,000 Gray, <br />_ Arnericanfsusan S. <br />Ptctaxgt Rmare'om QafkN.ff 10 <br />CA91 SArykSs Manual of Procedures <br />Ettt vsJam,wy4,20as <br />J.P. Morgan provides its clients with access to the deposit bag vendor at preferred <br />prices. The bank has implemented a full- service program for ordering, billing and <br />drop- shipping deposit bags to client locations. Order bags online at <br />www.chasebags.com or call the vendor directly at 866 -458 -BAGS (866-458 - <br />2247), from 8:oo a.m. to 4:00 P.M. PT. The City's treasury management officer or <br />client services professional can answer any questions. <br />J.P. Morgan does not require clients to use the bank's bags. If clients choose to <br />provide their own bags, they must meet J.P. Morgan's deposit bag specifications <br />and standards of security, strength and durability. <br />Page 39 JY Morga.n <br />55E -134 <br />