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Agmt15 Wells Fargo Bank
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Agmt15 Wells Fargo Bank
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Last modified
8/27/2015 10:18:12 AM
Creation date
8/27/2015 10:16:26 AM
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Template:
Agreement
Contractor Name
Wells Fargo Bank
PROJECT NAME
Banking and Cash Management Services
RMP File Number
304
Date
8/26/2015
MO Ref
15-141
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' - � . ( <br /> 22.5.E{ection of Security Procedure. The Security Procedure Company has elected is: <br /> � Secure File Transs�ort Securltv Procedure-Sinqle-Factor Authentication: Secure <br /> File Transport is Bank's suite of secure Internet protocol tren'smission methods that <br /> meets Bank's minimum securify standacds for authentication and enEryption. Bank will <br /> - • authenticate each Entry artd File transmitted to Bank in Company's name using an <br /> agreed upon ID password combination ar digital certificate. . <br /> ❑ Bank's lnternet ACH Service Securitv Procedure-Two-Factor Authentication. <br /> Bank's Internet ACH Service Security Procedure is an Intemet-based method that meets <br /> Bank's minimum securify standards for authentication and encryption: Bank will <br /> authe�ticate each Entry and File released ta Bank in Company's name using an agreed <br /> upon ID password combination and a token card. <br /> ❑ Connect Dfrect with Secure+. Connect Direct wifh Secure + is a method that meets <br /> Bank's miniri�um security standards for authentication and encryption. Secure+is an <br /> . add-on to Connect Direct to enhance security by means of Secure Socket Layer("SSL") <br /> or Transport Layer Secu�ity("TLS"). Bank will authenticate each Entry and File <br /> transmitted to Bank in Company's name using an agreed upon ID password combination <br /> � and a token card. Connect Dfrect and Secure +are trademarks of Sterling Commerce. <br /> ❑ Securitv Procedure Elected bv Companv's Third Partv Service Provider. Company <br /> is utilizing a Third Pa�fy Service Provider(°TPSP"�as defined in the ACH Rules to <br /> � originate Entries and Fifes on Company's behalf.• Bank will authenticate each Entry and <br /> Fi(e transmitted to Bank in Company's name In accordance with the securify procedure <br /> the Company's TPSP has elected. Company shaEl n�tify Bank of any change to <br /> Company's TPSP in a�manner affording Bank a reasonable opportunity to act on the <br /> infarmation. Company's TPSP is (dentified.as: <br /> Third Party Service Provider: Contact Person: � <br /> Telephone: Fax: � <br /> . ❑ Non-Standard Securitv Procedure. Company has refused to utilize any of fhe security <br /> procedures described ab.ove and has elscted to use the Security Procedure set forth in ' <br /> . Attachment B. � <br /> IN WITNESS WHEREOF, Company and Bank agree to and accept this ACH Origination Senrices <br /> Senrice Description. � � . <br /> City of Redwood Cify ("Company") Wells Fargo Bank, N.A. ("Bank" <br /> BY,: � �i� '.'-�_ BY: ` 'J� 1�� <br /> 1���� <br /> Name: Brian Ponty , Name: Shelley Rinta(a � <br /> Title: Finance Director Title: Vice PresidentlRM <br /> Date: G� ��� G � ' Date: � /�/�� . <br /> � � <br /> ACH Origination Services{TM-1423) � <br /> Revtsed 03-15-07 � <br /> ' . Page 6 of 8 <br />
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