Money Transmission Services for Government Banking
Buyer: H M Revenue & Customs
- Published
- 25 January 2024
- Place of performance
- UK
- Notice number
- 002638-2024
- Reference
- ocds-h6vhtk-0434a9
- Official source
- Official source
CPV codes
- 66111000Central bank services
- 66115000International payment transfer services
- 66172000Financial transaction processing and clearing-house services
- 66180000Foreign exchange services
- 66600000Treasury services
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"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Services (MTS) contracts which facilitate this process are due to expire in March 2025. The purpose of this updated PIN is to: a) advise the banking industry that HMRC (on behalf of GB) intends to undertake a tendering exercise to award new contract(s) for the provision of MTS; b) Provide further information on envisaged MTS requirements and the prospective procurement; and c) invite potential providers to register (if not already registered) through HMRC's eSourcing system - using the instructions provided below. For the intentions of this Prior Information Notice (PIN), HMRC Commercial, a directorate within HMRC, is acting on b…
Lots (3)
| Lot | Description | CPV code | Amount |
|---|---|---|---|
| 1 | Lot 1 | 66111000 Central bank services | — |
| 2 | Lot 2 | 66111000 Central bank services | — |
| 3 | Lot 3 | 66111000 Central bank services | — |
Official publications
- FTS · 002638-2024 · 25 January 2024
Frequently asked questions
- Who is the buyer of this tender?
- The contracting authority is H M Revenue & Customs (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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