Published date: 17 August 2022

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 23 September 2022, 12am

Contract summary

Industry

  • Banking services - 66110000

Location of contract

United Kingdom, Isle of Man, Channel Islands, British Oversea Territories, Europe, Rest of the World

Value of contract

£0

Procurement reference

BIP713757557

Published date

17 August 2022

Closing date

23 September 2022

Closing time

12am

Contract start date

26 September 2022

Contract end date

14 October 2022

Contract type

Service contract

Procedure type

Other: Not Specified

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The scope of the RFI is the British Library General Banking Services. This includes:
•Payment accounts - Used for outgoing payments, for example, creditor cheques, CHAPS, BACS, direct debits, standing order payments, balance requests, commission charges and interest payable, etc.
•Receipt accounts - Used for incoming transactions, for example, bank giro credits, standing orders, CHAPS, BACS, faster payments and unpaid direct debits and cheques, other amounts paid-in and income from card transactions, etc.
•Other ancillary bank accounts - Used for other outgoing payments, for example, wage accounts from which staff salaries are paid by BACS, petty cash accounts and treasury deposit accounts
•Foreign currency bank accounts - Used for payments and receipts in Euro and US$.
•Cash banking facilities
•Electronic banking facilities - Providing the following functions:
oComprehensive real time balance and transaction data.
oElectronic money transmission such as CHAPS.
oReconciliation data on the accounts.
•Financial Protection and Remedies
•Integration with IT Systems
•Account and Relationship Managers
•Account Information, Guidance and Assistance
•Cash Management and Credit Interest Arrangements
•Payment of cheques drawn in foreign currency

When submitting information, all organisations should note that this is not currently a tender opportunity but is part of a market consultation exercise aiming to ensure that the procurement route selected and the options ultimately developed for any procurement are properly informed.

More information

Links

About the buyer

Address

96 Euston Road
London
NW12DB
UK

Telephone

+441937546744

Email

Kathryn.Taylor@bl.uk