Posted Date : September 16,2019
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-1698
Government Authority located in McComb, Mississippi; USA based organization looking for expert vendor for professional banking services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide professional banking services to the government authority located in McComb, MS.
- At least one full service branch or banking location reasonable and convenient to the agency so that the agency can reasonably and conveniently make deposits and fulfil all other required services herein. This means that if the agency has to travel long distances to complete such required work, the bank will offer, at no additional charge, courier services to the agency that will allow the agency to complete such transactions in a reasonable time frame.
- The bank must participate in the FDIC system. All agency individual accounts must be insured by the extent authorized by federal law governing the FDIC.
- The bank must participate in both the federal reserve system’s electronic funds transfer services; Fedwire and ACH.
- The bank must provide the agency a fully secured web-based banking system that does not require the addition of any proprietary software to the agency server system, and is capable of providing the following:
- Processing of standard-format ACH credit files for direct deposit;
- Prevent fraud by detecting unauthorized or counterfeit checks. Allow the Authority to review exceptions, make on-the-spot corrections, download images of exceptions to help make a pay and no pay decision and create register entries for all exception items before the final payment. Also provide email notifications of any positive pay exceptions.;
- Processing of intra-bank account transfers, with the ability to create and edit transfer form templates for frequently requested transfers;
- Processing of Wire Transfer initiation;
- Processing of stop payment order initiation;
- Processing of routine balance inquiries;
- Processing of routine transactions inquiries;
- Processing of request to view and print cancelled check images on-line;
- Ability to establish pre-set, pre-authorized wire transfer template and dollar limits not requiring additional bank or agency interaction;
- Ability to generate and print, save and export requested reports;
- Remote or site-based scan and deposit capabilities.
- The agency reserves the right to close any of the accounts if the account is no longer required without any alteration to the previously agreed upon services charges or interest rates for other accounts.
- All bank accounts for the agency must be demand deposit accounts to permit the agency to deposit or withdraw funds as required for operations.
- The bank will provide sufficient on-site training to ensure that agency staff is proficient in the use of the bank’s systems and other services provided.
- The bank must provide contingency plans or systems for PHA to access data in the event of system breakdowns or other emergencies.
- Any unauthorized charges made to the agency’s accounts may result in termination of the contract at the agency’s option.
(2) All questions must be submitted no later than September 19, 2019.
(3) Contract term will be one year.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Not Applicable
Budget :
Deadline to Submit Proposals: October 17,2019
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-1698
Government Authority located in McComb, Mississippi; USA based organization looking for expert vendor for professional banking services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide professional banking services to the government authority located in McComb, MS.
- At least one full service branch or banking location reasonable and convenient to the agency so that the agency can reasonably and conveniently make deposits and fulfil all other required services herein. This means that if the agency has to travel long distances to complete such required work, the bank will offer, at no additional charge, courier services to the agency that will allow the agency to complete such transactions in a reasonable time frame.
- The bank must participate in the FDIC system. All agency individual accounts must be insured by the extent authorized by federal law governing the FDIC.
- The bank must participate in both the federal reserve system’s electronic funds transfer services; Fedwire and ACH.
- The bank must provide the agency a fully secured web-based banking system that does not require the addition of any proprietary software to the agency server system, and is capable of providing the following:
- Processing of standard-format ACH credit files for direct deposit;
- Prevent fraud by detecting unauthorized or counterfeit checks. Allow the Authority to review exceptions, make on-the-spot corrections, download images of exceptions to help make a pay and no pay decision and create register entries for all exception items before the final payment. Also provide email notifications of any positive pay exceptions.;
- Processing of intra-bank account transfers, with the ability to create and edit transfer form templates for frequently requested transfers;
- Processing of Wire Transfer initiation;
- Processing of stop payment order initiation;
- Processing of routine balance inquiries;
- Processing of routine transactions inquiries;
- Processing of request to view and print cancelled check images on-line;
- Ability to establish pre-set, pre-authorized wire transfer template and dollar limits not requiring additional bank or agency interaction;
- Ability to generate and print, save and export requested reports;
- Remote or site-based scan and deposit capabilities.
- The agency reserves the right to close any of the accounts if the account is no longer required without any alteration to the previously agreed upon services charges or interest rates for other accounts.
- All bank accounts for the agency must be demand deposit accounts to permit the agency to deposit or withdraw funds as required for operations.
- The bank will provide sufficient on-site training to ensure that agency staff is proficient in the use of the bank’s systems and other services provided.
- The bank must provide contingency plans or systems for PHA to access data in the event of system breakdowns or other emergencies.
- Any unauthorized charges made to the agency’s accounts may result in termination of the contract at the agency’s option.
(2) All questions must be submitted no later than September 19, 2019.
(3) Contract term will be one year.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Not Applicable
Budget :
Deadline to Submit Proposals: October 17,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$