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Approach / Methodology
<br />F. Cashing Petty Cash Checks
<br />The bank will cash petty cash checks at no charge to the City or employee cashing the
<br />check. The bank will require that the employee present a current City issued
<br />identification card to cash petty cash checks.
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<br />TD Bank is able to meet the requirement above.
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<br />G. Information Reporting
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<br />1. The Proposer shall describe the types of information reporting their internet-based
<br />treasury management system provides (i.e. cash balances, ACH debits and credits,
<br />wire transfers, reconciliation, positive pay decisions, stop payments, account activity,
<br />etc.).
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<br /> TD eTreasury provides efficient features for immediate access to account
<br />information. Through our online platform, items are processed in real-time and
<br />post to your account at the time they are presented.
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<br /> TD eTreasury will provide the City real-time balance reporting and is constantly
<br />updated throughout the day. The Information Reporting module provides
<br />account number, account name, ledger date, view details, opening available
<br />balance, one day float, total debit amount, total credit amount and closing
<br />ledger balance. Under "View Details", you will be able to view all account
<br />transactions including BAI code, SWIFT code, transaction description,
<br />transaction detail, amount, debit/credit indicator, bank reference, customer
<br />reference and images (deposit ticket, deposited items and checks paid).
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<br />The following reports are available through TD eTreasury: Incoming ACH
<br />Details, Multi-Day Statement, Wire Confirmation Summary, Wire Confirmation
<br />Detail, Controlled Disbursement Detail, Controlled Disbursement Summary,
<br />ACH Detail, ACH Summary, Current Day Combination, Current Day Detail New
<br />Items, Current Day Detail, Current Day Summary, Paid Check, Prior Day Detail
<br />No Check, Prior Day Combination, Prior Day Detail, Prior Day Summary and
<br />many more customizable reports. TD eTreasury does have an automated
<br />report delivery feature that allows reports within eTreasury to be e-mailed to
<br />anyone within the organization.
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<br />2. The Proposer will provide details regarding how far back data is warehoused, how
<br />many business days the data is stored in the reporting system and available for the
<br />City to access for the types of data listed above.
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<br /> Our TD eTreasury system offers 365-day storage of detailed banking history
<br />for all of the City's accounts including balances, transactions, images of all paid
<br />checks, deposit items, deposit tickets, and returned items organized by date
<br />and by account. Search fields also include transaction type, dollar amount,
<br />dollar range, bank/customer reference, serial number, date, and date range. In
<br />addition, you will also be able to review the full amount and source of all ACH
<br />and wire transactions when they post to your account.
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<br />Proposed by: TD Bank, N.A.Page 28
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