Key Facts
Reference no. 531_24
Start Date 14/03/2024
End Date 13/03/2028
Extension Option 13/03/2032
Contract Notice 2023/S 000-017637
Award Notice TBC
Collaboration ESPO, NEPO, YPO
Procurement Route Direct Award or Further Competition
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General Banking Services

531_24
Status: Active
In collaboration with NEPO and YPO, this solution has been designed to cover the requirements of contracting authorities for the provision of General Banking Services. Select ‘Get Started’ to view the framework documentation. You can access everything you need to start the procurement process by completing the Access & Confidentiality Agreement.

Framework Accordion Title

531_24 General Banking Services Framework is a sole-lot solution comprising of three (3) suppliers. The framework delivers core transactional banking arrangements, providing bank account structures to be used for outgoing payments such as creditor cheques, CHAPS, BACS, direct debits, standing order payments, balance requests, commission charges and associated interest payments. Alongside these core transactional services, the solution includes ancillary services which sit outside the core contract, such as receipt accounts to receive payments, rent allowance accounts for benefit payments, wage accounts for staff salary payments and petty cash accounts and treasury deposits.

Lot 1 - General Banking Services

    Compliant route to market avoiding the need to undertake a full procurement process Quick and easy access for contracting authorities Contract management undertaken by NEPO Pre-agreed terms and conditions avoiding lengthy negotiations with suppliers in a heavily regulated industry Access to all suppliers listed on the solution with a wealth of experience in public sector banking Transactional banking arrangements to provide bank account structures and ancillary services The availability of a bank branch network to receive cash and cheques and offer encashment facilities Cheques and electronic payment services including creditor payments, payroll and outsourced payment services (e.g., production of cheques) Online banking capabilities, including an interface to receivables and general ledger systems Innovation in the evolving banking sector such as open banking capabilities and digitalisation
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If you’d like to contact us, quote reference no. 531_24 and enquire at;

Iain McFaul Iain McFaul 07920 086357

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