Posted Date : May 02,2022
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-4226
Government Authority located in Little Rock, Arkansas; USA based organization looking for expert vendor for banking services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide depository and various other related banking services to the government authority located in Little Rock, AR.
- Cashing of the checks made payable to city employees and vendors and drawn on an account held by the city at that bank’s branches within the city, provided the employee and vendor presents proper identification. such service will not be contingent on the employee having an account with the bank, nor will the employee be charged for that service.
- Private deposit insurance issued by a highly rated insurance company licensed under the laws of the State as determined by a nationally recognized rating agency. Private deposit insurance is subject to review and approval by the City’s Chief Financial Officer and the Treasury Management Division.
- Account Structure
All accounts will be set up as interest bearing checking accounts, unless otherwise specified by the City. Interest will be paid on the Average Collected Balance of these accounts based on the previous month’s average.
- PC Online Banking Services
The City of Little Rock requires the successful proposer to provide PC “On-Line” banking services and software via a web browser (e.g. Google Chrome).
• Daily Balance Reporting (ledger, available and collected).
• Detailed debit and credit postings (cleared checks, deposits, chargebacks, wire transfers in and out, interest payments, etc.) with ability to download data into Microsoft Excel spreadsheet format on a daily basis.
• Initiation of internal account to account transfers.
• Initiation of regular recurring wire transfers.
[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: May 28,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-4226
Government Authority located in Little Rock, Arkansas; USA based organization looking for expert vendor for banking services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide depository and various other related banking services to the government authority located in Little Rock, AR.
- Cashing of the checks made payable to city employees and vendors and drawn on an account held by the city at that bank’s branches within the city, provided the employee and vendor presents proper identification. such service will not be contingent on the employee having an account with the bank, nor will the employee be charged for that service.
- Private deposit insurance issued by a highly rated insurance company licensed under the laws of the State as determined by a nationally recognized rating agency. Private deposit insurance is subject to review and approval by the City’s Chief Financial Officer and the Treasury Management Division.
- Account Structure
All accounts will be set up as interest bearing checking accounts, unless otherwise specified by the City. Interest will be paid on the Average Collected Balance of these accounts based on the previous month’s average.
- PC Online Banking Services
The City of Little Rock requires the successful proposer to provide PC “On-Line” banking services and software via a web browser (e.g. Google Chrome).
• Daily Balance Reporting (ledger, available and collected).
• Detailed debit and credit postings (cleared checks, deposits, chargebacks, wire transfers in and out, interest payments, etc.) with ability to download data into Microsoft Excel spreadsheet format on a daily basis.
• Initiation of internal account to account transfers.
• Initiation of regular recurring wire transfers.
[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: May 28,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$