Additional Information - Sunrise School Division

Document Sample
Additional Information - Sunrise School Division Powered By Docstoc
					Information regarding RFP No. 2-12 for Banking Services:


1. The aggregate amount of surplus balances that were held in our CAD accounts during the past 12
month period? For our USD account.?
Cdn.: $1.8 million
USD: we transfer in dollars usually once per month to issue cheques, therefore, no significant balance

2. The average monthly volume for each of the following services (average monthly numbers using the
past 12 month period) in aggregate for the CAD accounts is indicated below:

Number of deposits:     159
Number of cheques deposited: 834
Dollar amount of Cash (bank notes) deposited: $106,771
Dollar amount of coin deposited: $16,745
Number of debits to the accounts: 505
Number of credits to the accounts: 151
Number of cheques issued: 625
Number of certified cheques issued: 0
Number of incoming wire payments: incoming EFT’s- 20
Dollar amount of Cash (bank notes) supplied by bank: minimal – normally just depositing
Dollar amount of coin supplied by the bank: minimal
How is cash deposited? In person? Armoured truck service? In person
Please indicate which accounts receive cash/coin or cheque deposits: one School Fund account

3. The average monthly volume for each of the following services (average monthly numbers using the
past 12 month period) in aggregate for the USD accounts is indicated below:

Number of deposits: 1
Number of cheques deposited: 1
Dollar amount of Cash (bank notes) deposited : 0
Dollar amount of coin deposited: 0
Number of debits to the accounts: 8
Number of credits to the accounts: 2
Number of cheques issued: 8
Number of certified cheques issued: 0
Number of incoming wire payments: 0
Dollar amount of Cash (bank notes) supplied by bank : 0
Dollar amount of coin supplied by the bank: 0
How is cash deposited? In person? Armoured truck service? In person
Please indicate which accounts receive cash/coin or cheque deposits: 0

4. The number of separate scholarship/donation accounts currently required are? 2
   The number of separate capital construction accounts currently required are? 2
5. EFT services: the number of file transmissions submitted each month on average is 10 and the
number of EFT settlement transactions each month is 270. The transmission method currently being
used (payroll system creates formatted file which is then uploaded to bank through software or web
interface, or files are manually created and transmitted on web interface) is: upload files from our
software to the Bank

6. The number of outgoing wire transfers initiated is: maybe 2 per year

7. The number of accounts which need to be accessed though the online banking service, and the
number of individual users who will be accessing the online banking service is as follows:
2 Operating Accounts             -    5 users
1 School Funds Account              - 5 users
18 School Fund Quick Cash Accounts         – 1 user
2 Scholarship & Donations Accounts         – 5 users
4 Capital Accounts                 - 5 users



8. Sunrise S.D. currently has only one corporate credit card for effecting disbursements (travel, accounts
payable, etc). If so, what is the dollar amount being spent on all cards in aggregate each month, on
average (this is a new card, therefore, this information is not available at this time) ? The number of cards
currently being used: 1 card with a $5,000 limit

9. Accounts payable disbursements (including corporate credit card) are typically effected by the
following: Typically cheque for outside vendors and EFT for all employees

10. If Sunrise S.D. requires the netting of surplus account balances against outstanding loan balances,
please indicate which accounts would be desirable to include in the netting process: Not applicable

11. Does Sunrise S.D. currently accept merchant card payments (visa, mastercard, debit card)? Is this
requirement being tendered as well? No

12. Please describe your investment policies for short term money market investments? What instruments
are purchased? - GICs; T-Bills? Bankers Acceptances? Commercial Paper? Does your bank provider
transact all of the school division's investment requirements? Please advise the average (per month)
dollar amount of investment instruments that were held by the school division over the course of the past
12 month period. No Investments other than savings bank accounts

13. Is there a requirement for any longer term (greater than 12 months) fixed income investment
instruments? No

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:2/5/2013
language:Unknown
pages:2