Money Transmission Services - Lot 3

A Contract Award Notice
by H M REVENUE & CUSTOMS

Source
Contracts Finder
Type
Contract (Services)
Duration
12 year
Value
£55M
Sector
BUSINESS
Published
29 Jul 2025
Delivery
04 Jul 2025 to 03 Jul 2037
Deadline
03 Sep 2024 13:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

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 3 contract has been awarded for an initial term of 8 years with four 12 months possible extension options.

Award Detail

1 Citibank Na London Branch (London)
  • Value: £55,020,000

CPV Codes

  • 66110000 - Banking services
  • 66170000 - Financial consultancy, financial transaction processing and clearing-house services
  • 66180000 - Foreign exchange services

Other Information

Money Transmission Services - Lot 3 Contract Terms and Schedules Part 1.zip Money Transmission Services - Lot 3 Contract Terms and Schedules Part 2.zip Money Transmission Services - Lot 3 Contract Terms and Schedules Part 3.zip Money Transmission Services - Lot 3 Contract Terms and Schedules Part 4.zip Money Transmission Services - Lot 3 Contract Terms and Schedules Part 5.zip

Reference

Domains