RMCV 037 – Banking Services

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Buyer

Shropshire Council

Value

279,881 GBP

Current supplier

National Westminster Bank PLC

Description

This is an award notice for a money transmission banking service to include the maintenance of bank accounts, Faster Payments, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation is also required. The contract will be for an initial period of 5 years with the option to extend for a further 2 years. Lot 1: This is an award notice for a money transmission banking service to include the maintenance of bank accounts, Faster Payments, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation is also required. The contract will be for an initial period of 5 years with the option to extend for a further 2 years.

Personalised AI Summary

Product / service

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Contract structure

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Organisation mentioned

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Supplier requirements

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Assistant Director - Integration & Healthy People

Second Level / Head of Service

Redacted

redacted@redacted.co.uk

+44 01234 567 890

Executive Director of Place

Top Level Director

Redacted

redacted@redacted.co.uk

+44 01234 567 890

Executive Director of People

Top Level Director

Darlington Borough Council

240,000 GBP

Published 2 months ago

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CPV Codes

66110000 - Banking services

66115000 - International payment transfer services

66114000 - Financial leasing services

66113000 - Credit granting services

66112000 - Deposit services

66111000 - Central bank services

66100000 - Banking and investment services

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