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55E - RESO - AGMT - DEPOSITORY SRVS
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12/06/2016
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55E - RESO - AGMT - DEPOSITORY SRVS
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Last modified
12/1/2016 5:01:03 PM
Creation date
12/1/2016 4:49:35 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55E
Date
12/6/2016
Destruction Year
2021
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Through significant infrastructure and technology investment in our U.S. printing <br />facilities, we can offer the City a low -cost, high - quality printing solution that is designed <br />specifically for you and can be adapted as your needs change. <br />J.P. Morgan's check printing platform features include: <br />• Standard templates for accounts payable, payroll, claims, and dividend checks. <br />• A postal net barcode provides for processing efficiencies with the U.S. Postal <br />Service, which translates into postal discounts that leverage not only your own <br />volumes, but those of our other clients as well. <br />• New check paper stock provides security features, such as chemical sensitization, <br />invisible fluorescent security fibers, security watermark, micro printing, control <br />numbers and security alert verbiage. <br />=a® <br />—o <br />Submit check print <br />information and all <br />necessary instructions. <br />• Dedicated operations and <br />client service support <br />available. <br />1 i <br />t— Fite totals anderrorreponing. IIFI <br />• U.S. Postal Service <br />• Overnight courier <br />• Canada Postal Service <br />tom. l <br />55E -197 <br />M <br />• Check issuance data sent <br />to ARP for timety <br />reconciliation and positive <br />pay fraud controls. <br />• Receipt of file totals and <br />error reporting.. - <br />• Checks and remittances printed <br />• Printed documents inserted into envelopes. <br />• 100,000 sq. ft. processing sites, supporting <br />over50 million checksannually. <br />• Locations are fully redundantandcan <br />redirect printing within hours. <br />J P. Morgan <br />
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