Banking Services

A Contract Award Notice
by LONDON BOROUGH OF SOUTHWARK

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
£640K
Sector
BUSINESS
Published
29 Sep 2025
Delivery
01 Oct 2025 to 30 Sep 2030
Deadline
24 Sep 2025 22:59

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

This contract is for banking services which will support the financial operations of the council via the continued provision of a main bank account, subsidiary collection and sweep accounts, and specified school accounts. It will also support the council's safeguarding role with the provision of court of protection bank accounts. The contract will deliver 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, and the access to ancillary services such as system files for receipting income. It is a call-off from General Banking Services Framework NEPO 0531.

Award Detail

1 National Westminster Bank (None)
  • Value: £640,000

CPV Codes

  • 66100000 - Banking and investment services

Reference

Domains