TD BANK (3) - Laserfiche WebLink

Home Browse Search

Approach / Methodology The Earnings Credit will be applied on your TD Bank account analysis statement to offset fees incurred during the monthly cycle. TD Bank does not offer pricing tied to a specific index. Our rates our bank managed and subject to change at any time. W. Fee Structure Proposer is to complete ATTACHMENT A to include a comprehensive list of all fees associated with the services being requested in this Request for Proposal (RFP). All per item charges will remain fixed for the life of the contract and all optional renewal periods. However, in the event that any customer of the Bank, having comparable deposits and transaction volumes, negotiates a lower fee structure for these requested services or similar services, the Bank shall notify the Finance Director within thirty (30) days and shall extend the lower negotiated rate to the City retroactively to the first date the lower rate was offered to another customer. Should the Bank fail to provide the City the lower negotiated rate within ninety (90) days, the Bank shall be required to reimburse the City the difference between the amount the City was charged under its original contract and the amount the City would have been charged under the lower negotiated rate. Please refer to Pricing and Fees section for full cost details. X. Confirmations The bank must agree to respond to audit confirmations and requests for data, at no charge, as needed from the Finance Department or its auditors. Proposer will provide a name and address for the audit confirmation letter. TD Bank acknowledges the statement above. Y. Continuous Service The bank will maintain sufficient staff to support the City’s requirements on a continuing basis without interruption of service. Severe or repeated breakdowns of service for this reason will be cause for termination of the contract. The City requires that the bank designate one of its cash management services personnel who will act as liaison with the City for matters regarding its accounts. TD will meet this request. In the event that online capabilities and functionality for any service are temporarily unavailable for any reason (power failures, etc.) or a disaster occurs within TD Bank's or the City's electronic systems, mirrored data-backup data is housed off-site with a secured third party. TD Bank maintains backup processing. Site and capabilities are confidential to ensure optimum security for processing in the event of a disaster. The locations and capabilities are not disclosed for security reasons. Proposed by: TD Bank, N.A.Page 42