Money Transmission Services for Government Banking Lot 1
Buyer: HM Revenue & Customs
- Published
- 12 August 2025
- Estimated value
- £99,600,000
- Place of performance
- UK
- Procedure
- Restricted procedure
- Lots
- 1
- Notice number
- 047871-2025
- Reference
- ocds-h6vhtk-044ac2
- Official source
- Official source
CPV codes
- 66110000Banking services
- 66170000Financial consultancy, financial transaction processing and clearing-house services
- 66180000Foreign exchange 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 sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations. To deliver the direct-to-bank model and facilitate payments in and out of Government, Government Banking contracts with commercial banks. This contract will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector. This Lot 1 contract has been awarded for an initial term of 8 years with four 12 months possible extension options.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| LLOYDS BANK PLC | — | — |
Official publications
- FTS · 047871-2025 · 12 August 2025
Other tenders from HM Revenue & Customs
- ETMP Client-side SME
- Income Tax Self-Assessment Ecosystem Data and Integration - Innovation-Led Proof of Concept
- FDIR Document Checker
- National Insurance & PAYE Service Support and Change
- Tachograph Forensic Services
- PoCA Retention, Valuation and Auction of Seized Goods.
- HMRC Customer Relationship Management
- Provision of Debt Collection Services
- Movement of Seized Cash
- XBRL Validations Module
Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £99,600,000.
- Who is the buyer of this tender?
- The contracting authority is HM 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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