100% Secure Payments
Tender Details
- Country: United Kingdom
- Summary: Government Banking - Money Transmission Services
- GBT Ref No: 99113575
- Deadline: 26 Aug 2024
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: Public
- Tender Value: 334000000
- Notice Type: Tender
- Document Ref. No.: SR980435707
- Purchaser's Detail :
- Description :
- Title : Government Banking - Money Transmission Services
Location Of Contract : United Kingdom
Industry : Banking services - 66110000 Financial consultancy, financial transaction processing and clearing-house services - 66170000 Foreign exchange services - 66180000 Treasury services - 66600000
Value Of Contract : £334,000,000
Description : His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people.Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). HMRC Commercial, a directorate within HMRC, is acting on behalf of GB in carrying out the procurement and will enter into the contract for the services with the successful bidders. To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Service (MTS) contracts which facilitate this process are due to expire in March 2025.GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of bank... - Documents :
Purchaser : H M REVENUE & CUSTOMS
100 Parliament Street London SW1A 2BQ England
Contact Person : James Power
Email :sapariba.hmrcsupport@hmrc.gsi.gov.uk
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