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Questionnaire Form <br /> <br />TD works directly with the Federal Reserve for all Fed eligible securities. TD Bank serves as <br />the primary record keeper for all securities held for its clients. <br /> <br />10. The Proposer will furnish the City an Availability of Funds Schedule for the clearing of deposits. The <br />schedule shall contain the latest time of the day for deposits to incur the least number of days for clearing <br />each of the following deposit items: Please provide the availability of funds schedule for clearing of <br />deposits. <br /> <br />Checks drawn on: <br />A. The Selected Bank (on-us items) <br />B. Local (Palm Beach County) Checks <br />C. State Checks <br />D. U.S. Governmental Checks <br />E. Interstate Checks <br />F. Do you provide for fractional availability? <br />If YES, provide explanation <br />G. Credit card deposits. <br /> <br />TD Bank maintains a unique availability policy. There are no complicated availability schedules <br />and no special pricing tables. TD Bank will notify the City of any change in funds availability <br />policies. <br /> <br />We credit deposits as processed with next day availability. TD Bank gives immediate (same day) <br />availability for cash and checks drawn on TD Bank when deposited at a store location before 8:00 <br />p.m. ET. For all other checks deposited before 8:00 p.m. ET at a store location, the City will <br />receive $100.00 credit the day of the deposit and the remainder of the deposit is generally <br />available to you no later than the next business day. <br />11. Electronic Funds Transfer: Describe the services you provide for the payment to vendors through the <br />Automated Clearinghouse by means of electronic funds transfer. (If additional space is required, please <br />include as an appendix to your proposal.) Include a description of the services you are able to provide in <br />implementing an ACH program. <br /> <br /> TD Bank has the privilege of being the incumbent service provider for the City. This represents <br />business as usual to the City without any disruption to your daily banking needs. Below is an <br />overview of our ACH initiation service. <br /> <br /> TD Bank is one of 31 Direct Financial Institution members of the National Automated Clearing <br />House Association (NACHA). TD Bank's Automated Clearing House (ACH) services allow the <br />City to create and process the exchange of funds electronically on predetermined dates through <br />the NACHA network. Unlike writing a check or sending a wire transfer, ACH services provide the <br />ability to transfer funds electronically between TD Bank accounts and accounts at other financial <br />institutions for the purpose of disbursing or collecting funds. Additional payment details, known as <br />addenda records, may be included with the transaction data. <br /> <br /> The City may select between a variety of delivery channels including direct transmission, secure <br />web, or through our online banking platform, TD eTreasury. <br /> <br /> <br />Proposed by: TD Bank, N.A.Page 75