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RFP No. 24-06-01 Banking Services
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SYNOVUS BANK
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Cash Processing Services - Commercial Change Order Services: <br />Coin and currency in any denomination and quantity are ordered conveniently by internet. <br />The armored car service delivers the coin and currency to the specified location securely and <br />on time. <br />T.Emergency Services andCash <br />The bank shall be prepared to deliver banking services within twenty-four (24) hours of a disaster <br />event (hurricane, tornado, wildfire, flood, etc.). The bank shall provide information regarding their <br />disaster recovery plan, including specific plans related to servicing the City, in the event of a <br />disaster. The bank shall provide a listing to the City semi-annually of bank contact names, phone <br />numbers, and physicallocation to be available to assist in the event of anemergency. <br />The Citymay request a large amount of cash in the event of an emergency. Requests for such funds <br />are generally given within 48 hours’ notice but could be given as late as 24 hours’notice. <br />The City’s dedicated relationship manager will be able to assist with any emergency services. <br />U.Business CreditCards <br />The City uses business credit cards for everyday purchases. There are currently five (5) activecredit <br />card accounts assigned to departments. Proposer shall submit a description of the credit card <br />programs itoffers along with the respective program stipulations, any card incentives/rebates (i.e. <br />rewards program, etc.) and any other card programs it offers along with the minimum spend <br />requirements for these card programs provided. <br />Synovus Commercial Card Overview: <br />Synovus is a highly diversified, Fortune 1000 financial institution and commercial card issuer. We have <br />over $60 billion in assets and have provided cards to customers for over 50 years. Synovus was a <br />charter member of Visa starting in 1976 and has a long-standing alliance with Visa to provide <br />enhanced acceptance for our Commercial Card programs. Synovus has issued Commercial Cards for <br />over 30 years. We have been a market leader in addressing customer’s unique corporate card <br />program requirements and continuously focus on implementing best practices, technologies, process <br />improvements and achievement of customer business objectives. We have a strong philosophy and <br />culture of putting the customer first and our people execute on this every day, and they do whatever <br />it takes to meet their current and future needs. This approach has earned us the trust of our <br />numerous commercial customers and are committed to delivering a robust commercial payments <br />program for the Citythat will meet your current and future commercial payment needs. <br />Synovus stands out among other commercial card issuers due to our unmatched dedication to provide <br />superior customer service and support, implementation resources that are highly trained and follow <br />a methodical, consultative approach to ensure a best-in-class implementation -as we know, your card <br />roll-out will be your employees first experience with Synovus and we want that experience to be <br />extremely positive. We have a team of people, that will provide the City, hands-on proactive, <br />consultative support. They will act as an extension of your commercial card team and using their deep <br />knowledge of your organizations requirements and business needs, they will provide timely updates <br />on program enhancements or changes, conduct business reviews, and offer suggestions for program <br />July 12, 2024Page 38 <br />City of Sunny Isles Beach RFP 24-06-01 <br />Banking Services - Synovus Bank Submission <br /> <br />
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