Banking Services

The State of Wyoming is seeking banking services, including deposit account services, EFT disbursement procedures, warrant processing, and account reconciliation. The contract requires the proposer to provide a description of their personnel, transition plan, and experience with similar projects. The evaluation criteria include the proposer's qualifications, cost of service, and ability to complete the project at a reasonable and efficient cost. The contract also requires compliance with regulatory banking requirements under the laws of the State of Wyoming. • The contract includes services such as remote desktop deposit ability, images of checks, deposit supplies, and compliance with Agency NSF check requirements. • The proposer must provide a description of their foreign item processing procedures and a list of currencies exchanged. • The contract requires the proposer to provide EFT services, including non-debit of Agency account, providing EDI files for identification of ACH payments received, and using appropriate NACHA file format required by the Agency. • The proposer must provide warrant services, including daily file of warrants redeemed, required images of warrants, Positive Pay or other account reconciliation program, and acceptance of POSSE format for account reconciliation program.