Posted Date : March 05,2021
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-3029
Government Authority located in Gatlinburg, Tennessee; USA based organization looking for expert vendor for banking services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide banking services to the government authority located in Gatlinburg, TN.
- To provide quality basic banking services,
- maintain at least the following accounts with the selected financial institution: General Account, Payroll Account, Water and Sewer Account, Court Trust Account, Flexible Spending Account,
- Incoming Wire Transfer/ACH Deposits: Wire service credit notifications will be the same day by phone, The financial institution will then provide a deposit slip or credit advice of transaction which will be picked up by the City the next day when the deposit is made, The City offers auto-debit to its customers for monthly utility bills
- Outgoing Wire Transfers: The wire transfer will not be held or delayed, even if it results in a daylight overdraft. Written notification will be provided on the same day, The bank will be responsible for any losses or other damages, including consequential damages, occurring after the bank' s acceptance of the wire order from the City if due in whole or part to bank error,
- Payroll Direct Deposit: The automatic payroll deposits are being handled through our in-house payroll system, The Bank processes the ACH file so that payroll will "memo" post to the employees account the day prior to payday and "hard" post on payday,
- Account Reconciliation: The bank will provide monthly statements on each of the City' s accounts (imaging copies will be accepted in lieu of canceled checks, front and back required),
- Stop Payment Requests: From time to time the City may need to place a stop payment order on a check. This will be done by an authorized finance employee,
- Debit Transactions: The bank must be able to process EFTPS debit transactions for any federal and state tax payments,
- Lockbox Service: Bank will retrieve payments each Bank workday from a City designated Post Office Box. These payments will be processed for same day deposit into the City's designated deposit account.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: March 25,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-3029
Government Authority located in Gatlinburg, Tennessee; USA based organization looking for expert vendor for banking services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide banking services to the government authority located in Gatlinburg, TN.
- To provide quality basic banking services,
- maintain at least the following accounts with the selected financial institution: General Account, Payroll Account, Water and Sewer Account, Court Trust Account, Flexible Spending Account,
- Incoming Wire Transfer/ACH Deposits: Wire service credit notifications will be the same day by phone, The financial institution will then provide a deposit slip or credit advice of transaction which will be picked up by the City the next day when the deposit is made, The City offers auto-debit to its customers for monthly utility bills
- Outgoing Wire Transfers: The wire transfer will not be held or delayed, even if it results in a daylight overdraft. Written notification will be provided on the same day, The bank will be responsible for any losses or other damages, including consequential damages, occurring after the bank' s acceptance of the wire order from the City if due in whole or part to bank error,
- Payroll Direct Deposit: The automatic payroll deposits are being handled through our in-house payroll system, The Bank processes the ACH file so that payroll will "memo" post to the employees account the day prior to payday and "hard" post on payday,
- Account Reconciliation: The bank will provide monthly statements on each of the City' s accounts (imaging copies will be accepted in lieu of canceled checks, front and back required),
- Stop Payment Requests: From time to time the City may need to place a stop payment order on a check. This will be done by an authorized finance employee,
- Debit Transactions: The bank must be able to process EFTPS debit transactions for any federal and state tax payments,
- Lockbox Service: Bank will retrieve payments each Bank workday from a City designated Post Office Box. These payments will be processed for same day deposit into the City's designated deposit account.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: March 25,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$