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Approach / Methodology L.WireTransfers ThebankwillprovidetheCitysamedaywiretransferserviceforoutgoingtransfersandaccept incoming transfers into the account for immediate credit. The City transfers money via wire transfer using both repetitive and non-repetitive wires. Both repetitive and non-repetitive wire transfers will be done utilizing an internet-based treasury management system. The Proposer will provide its cut-off deadline for same day outgoing wire transfers. TD Bank has the privilege of being the incumbent service provider for the City. This represents business as usual to the City without any disruption to your daily banking needs. Below is an overview of our wire transfer service. The City has the convenience of initiating wire transfers electronically through TD eTreasury while maintaining appropriate payment initiation controls. User profiles established by the System Administrator govern the level of wire authority for each user (create, approve, create templates, etc.) and associated dollar limits. As an enhanced security feature, dual control is required for all wires. On TD eTreasury, current day wires with a Fedwire payment method must be submitted by 5:00 p.m. ET. International foreign currency wires must be submitted by 3:00 p.m. ET. US Fed Tax payments must be submitted by 4:00 p.m. ET. Due to the nature of international wires in foreign currency, same day settlement cannot be guaranteed. Users may elect to create a payment instruction status alert in eTreasury to notify them when a wire is pending their approval, and this alert will be sent directly to your work email address. Additional alerts are available for receipt of an incoming or outgoing wire, etc. Email wire notifications directly from our wire system are also available. Alternatively, the City may utilize any of our convenient store locations to initiate outgoing wire transfers. The deadline for in-store initiation for domestic wire transfers is also 5:00 p.m. ET. The deadline for international wires in USD or foreign currency is 2:00 p.m. ET. TD eTreasury will provide the City with real-time notification of the Federal Reference number for all initiated outgoing and all incoming wire transfers. In addition, the City will receive an immediate confirmation that the wire was placed online via TD eTreasury for tracking purposes. The City will also have the ability to initiate USD international wires and foreign currency international wires to any of its accounts worldwide via TD eTreasury. Wires are initiated with RSA tokens that are supplied when your System Administrator grants users access to functions like creating or approving wire transfers. Wires created by one user must be approved by a second user before they are released. Incoming wires received by 6:00 p.m. ET will receive same-day ledger credit. Wires received after 6:00 p.m. ET will receive next-day ledger credit. Proposed by: TD Bank, N.A.Page 32