Tender Details

Country: United Kingdom
Summary: Money Transmission Service for Government Banking
GBT Ref No: 78021291
Deadline: 27 Feb 2023
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: SR10
Purchaser's Detail:
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Description:
Title : Money Transmission Service for Government Banking
Location Of Contract : United Kingdom
Industry : Banking services - 66110000 Financial transaction processing and clearing-house services - 66172000 Foreign exchange services - 66180000 Treasury services - 66600000
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 650 organisations (hereafter referred to as "customers").To deliver the direct-to-bank model and facilitate payments in and out of Government, Government Banking contracts with commercial banks. The current Money Transmission Service (MTS) contracts which facilitate this process are due to expire in March 2025.The purpose of this PIN is to:a) advise the banking industry that HMRC (on behalf of Government Banking) is considering undertaking a tendering exercise to award new contract(s) for the provision of MTS;b) request information from the market on available services and invite feedback on several key themes which are of interest to Government Banking as it considers the potential new tendering e...
Documents:

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Money Transmission Service for Government Banking - Uk Tender

The H M REVENUE & CUSTOMS, a Government sector organization in United Kingdom, has announced a new tender for Money Transmission Service for Government Banking. This tender is published on UkTender under GBT Ref No: 78021291 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2023-02-27.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.