1. Investment Association
NC Local Government
Investment Association
CONFIDENTIAL
DRAFT

2. Agenda Introductions State of North Carolina Contracts ACH Overview
CashPro Information Reporting
Fraud Prevention / UPIC
Contract Pricing
The Players / Responsibilities
Other Contract Technologies
Electronic Data Interchange
Debit / Prepaid Cards
Purchasing Card / Epayables
Questions

3. Introductions 3

4. State of North Carolina and Bank of America Presenters
Amber Young
Central Compliance Manager
Statewide Accounting Division
NC Office of the State Controller
Shannon Okine
Specialized Banking Unit Supervisor
Financial Operations Division
NC Department of State Treasurer
Gary L Clark
Senior Vice President
Senior Treasury Officer 
Bank of America 

5. State of North Carolina
Financial Contracts 5

6. Provider = Bank of America
State of North Carolina Financial Contracts
ACH Disbursements
Provider = Bank of America
Purchasing Card & Epayables
Provider = Bank of America
Merchant Services
Provider = Suntrust

7. ACH 101 7

8. The ACH Process Local Government Entity
3RD Party
ACH Gateway
Local Government Entity
Originating Financial Institution
Creates ACH Files to send
To Bank of America
Processes On-Us Transactions
Produces automated file for all
other items to send to ACH
CashPro OnLine
ACH Initiation
Wire Transfer
Info Reporting
ACH Reports
ACH
Network
Payables Settlement Accounts
Returns
Recipients of Funds
(Employees, Vendors)
Receiving Financial Institution

9. ACH Transactions
PPD - Prearranged Payment or Deposit (consumer)
PPD+ - PPD Plus one addenda record (consumer)
CCD - Cash Concentration or Disbursement (corporate)
CCD+ - CCD Plus one addenda record (corporate)
CTX Corporate Trade Exchange (corporate)
up to 9,999 addenda records
POP - Point of Purchase (consumer)
RCK - Re-Presented Check (consumer)
WEB – Internet Initiated (consumer)
TEL – Telephone Initiated (consumer)
ARC – Accounts Receivable Entries (consumer)

10. CashPro Information
Reporting 10

11. CashPro Online Overview CashPro Online Client Value Proposition
Single sign-on portal to Payments, Information Reporting, Notifications, Trade and Foreign Exchange
Latest technology – Web 2.0
Dashboards: Visibility of data customized at the user level
Intuitive workflows that support customization
Flexible reporting options with custom reports and formats
Notifications available via , sms & fax
Regionalization capabilities including local language support for 11 languages
Dual administration & Multi-layer security
Online University available 24/7 for access to virtual assistance, interactive training courses, user guides and other resources
CashPro Online Client Value Proposition
CashPro Online delivers simple, secure access and greater control over all the financial solutions your business uses, wherever and whenever you choose.
“One Portal. One Password. Global Convenience.”

12. CashPro® Online – Information Reporting
Configurable dashboard
Online Balances – current day and previous day
One click reporting – My Reports
Advanced filtering and searching
Customizable reports and downloads
MultiBank reporting
Transaction search capability
Local Language user interface and data reporting capabilities
eStatements
scheduling for Reports and Statements
365 days online history
18 months of online statements
Export capabilities in csv, pdf, excel, XML, MT940 and others.

13. CashPro® Online - Payments
Features
Ease of creating payments
User defined fields
Straight through processing
Depending upon the debit account selected and currency of the payment, CashPro® Online will automatically present the fields to be completed to ensure STP
Single currency transactions
Cross currency transactions
Foreign currency transaction
Smart Calendar
Beneficiary s
Flexible payment approval options
Import and export capabilities
Standard and customized reports in various formats
Supports 10 languages
CashPro® Online – Global Payments Solution

14. Internet
Phone
In Person
Training

15. Fraud Prevention 15

16. ACH Positive Pay
With ACH Positive Pay, you receive online reporting of incoming ACH transactions that do not meet your authorization criteria, before the transactions post to your account. This early warning reporting allows an entitled user to pay or return incoming ACH transactions as they are received.
Real time decisioning
Ability to accept or reject ACH transactions from your unauthorized trading partners
Helps with investigating potentially fraudulent items as they happen
Real time notification of exceptions; cumulative reports
Ability to view ACH exceptions as they are received
Daily reporting provides an audit trail of daily authorization activity
Self service online authorizations
Authorization lists for your trading partners easily kept current allowing for up-to-date transactions

17. ACH Blocks
Automatically reject ACH transactions received, such as those from unauthorized trading partners or intended for consumer bank accounts or all debits and/or credits.
Operates automatically
Establish block instructions on our system
Based on your instructions, our system automatically rejects incoming transactions
By using an automatic service, you save time
No reconcilement impact
Rejected transactions do not post to your account, so there are no additional transactions to reconcile
Online convenience
Rejected and paid transaction detail
Block instruction detail

18. UPIC
UPIC is a code assigned to a replace the bank account number during the processing of ACH credits. A UPIC is obtained by an ACH receiver, and provided to the ACH credit originator, so the originator may initiate ACH credits using a code, instead of a bank account number.
Secure
UPIC enables ACH credits, without revealing the receiving bank account number
Convenient and efficient
Reduce the risk of unauthorized debits to your account
Mitigate the risk of fraud
Increase ACH payment credits without distributing your account number
Avoid divulging sensitive bank information
Bank of America assigns one UPIC and universal routing number per Bank of America account number

19. Contract Pricing 19

20. Line Item Costs Per Unit Cost Annual Cost ACH Origination Services
ACH Monthly Maintenance per Account
$ 4.00
$ 5,272.00
A CH Credits/Debits/Prenotes Originated Annually
$ .0048
$ 66,746.60
ACH Addenda Originated Annually
$ .004
$ 1,514.75
ACH Origination Files Transmitted Annually via CPS
$ 2.75 $
ACH Origination Files Transmitted Annually non-CPS
$ 29,700.00
Transmission Maintenance Fees for DCC Monthly
N/A
Transmission Maintenance Fees for Participant Monthly
Other ACH Related Services
ACH Returns Annually
$ .50
$ 26,969.00
ACH Notifications of Change Annually
$ 14,583.50
ACH Reversals Annually
$ 7.00
$ 5,418.00
ACH Received Entries File Transmission Annually
$ 3,225.75
ACH Received Entries Per Credit Item Reported Annually
$ .01
$ 33,379.70
Settlement Account Services
Bank Account Monthly Maintenance
$ 8.00
$ 21,760.00
ZBA Account Monthly Maintenance
$ 5.00
$ 5,645.00
Returns Handling Monthly Maintenance
$ 1.00 $
ACH Debit Block/Filter Monthly Maintenance
$ 4.00
$ 3,672.00
Wire Transfers Incoming Annually
$ 51,680.00
Book Transfers Annually
$ 1.50
$ 19,582.50
Deposits other than ACH Credits Received & wires Annually
$ .25
$ 8,707.25
Debit Postings Annually
$ .03
$ 1,033.56
Online Bank Account Reporting
Monthly Online Reporting Maintenance $
$ 94,020.00

21. The Players / Responsibilities21

23. Other Contract Technologies23

24. Paymode-X Plus Check Printing Facility
Paymode-X system
Split payments
Card file
ACH file
Check file
Wire file
Posts Paymode-X payments to online reports
AP System
Process pay run for payments and send a single payment file to Paymode-X®.
Reconcile paper check, ACH, wire and other payment types using BofAML Treasury Services
Payment
File
Card Payments
Paymode-X (ACH) Payments
Check Payments
Global payments, wires, split remittance options
ePayables
Works® generates notification to supplier
Updates transaction status and posts to AP system
Card controls and maintenance
Supplier
Receives
Initiates payment through ERP or merchant terminal
Keys in remittance data from
Processed through TSYS
Paymode-X
Forwards ACH payments to the BofAML ACH network
Can view Paymode-X transactions online
Receives flexible data file outputs for updating AR
Paymode-X Plus Check Printing Facility
Sends payment data to bank ARP system for inclusion in issue file
Processes and mails checks
CashPro® Connect Payments
Global payment network for wires and split remittance options for vendors.

25. Prepaid Cards

26. Questions ??? 26