Banking Services

The vendor is required to provide banking services the following services or functionality, from the date of signing and continuing until March 31, 2030:
•    Ability to automatically import banking and credit card transactions into QuickBooks online 
•    A banking portal to or alternative process to process stop payments on cheques 
•    The best mechanism and the associated cost to pay american vendors for the occasional purchase 
•    The ability to always ensure there is dual authorization for all withdrawals and customer payments 
•    The availability of commercial wicket service with a 10-minute drive of new minas and area for periodic deposits each week 
•    A banking portal with the ability to have dual electronic payment approvals for payments to customers - your institution’s ability to net or combine the cash balances of multiple bank accounts for the assessment of interest earned or charged 
•    An online portal for reporting on credit card transactions and outstanding balance 
•    Proponents are also required to comment if the corporate credit cards can be in the name of the corporation or if they must be assigned to individual employees.

- Contract Period/Term: 5 years