J.P. MORGAN CHASE BANK-2016 - Laserfiche WebLink

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6. Describe the setup of a positive pay file transmission. What format does the Bank require? Ts technical support assigned to the project? If so, is there an additional cost? The City will upload files containing positive pay issues, voids /cancels and stop payment requests into ACCESS Online in your current format that you use today. The City can also transmit the positive pay check issue files directly to J.P. Morgan. For ARP input file specifications, please see the ARP Issue File Layout sample in Appendix 4. For validation, the City may receive an automated acknowledgement of your check issuance file transmission within one hour of file receipt, via the Internet, fax or transmission. The City can receive direct transmissions of prior -day balance reporting in BAI2 format and direct transmissions of check paid detail for uploading into your accounting, ERP and /or treasury workstation. The City will continue to receive support with any ACCESS Online service via the ACCESS Online Technical Support Group at no additional charge. 7. Describe the Bank's positive pay operation, including timelines for paying or returning exception items. Are images of the exceptions available on -line? As part of a complete range of disbursement services available through ACCESS Online, J.P. Morgan will continue to offer Internet -based positive pay services to the City. Additionally, ACCESS Online will enable the City to use the Internet to review digital images of all exception items and instruct J.P. Morgan to pay or return each item from a single page. Payee name exceptions are conveniently delivered along with all other types of exceptions so the City can easily employ the most up- to -date fraud protection services. Email notification offers a convenient way to know when exceptions are available for review. For the City's convenience, images of exception items are also available via mobile devices using ACCESS Mobile. With positive pay, the City provides the bank with a positive pay issue file containing check amounts and serial numbers. Issue data can be simply and flexibly supplied to the bank via file transmission, online upload, or manually keyed into ACCESS Online. Daily checks presented are then systematically compared against the City's positive pay check issue file. An exception report is generated the next business day identifying any mismatched or no -issue information on file items. The deadline for the City to submit manual entry or file upload via ACCESS Online is 7:30 p.m.PT. The deadline for the City to transmit check issuance files via direct transmission to the bank is 7:45 p.m. PT. Page 59 JYMorgan