# Banking Services Tender

> A sourced UK public sector contract award published by THE UNIVERSITY OF WESTMINSTER.

## Key facts

- Buyer: [THE UNIVERSITY OF WESTMINSTER](/buyers/university-of-westminster/contract-awards)
- Supplier: [Lloyds Bank Plc](/suppliers/lloyds-bank/public-sector-contract-awards)
- Award value: £40,000
- Tender value: £50,000
- Award date: 17 July 2023
- Published: 25 July 2023
- Contract start: 1 December 2023
- Contract end: 30 November 2027
- Stage: awarded
- Procurement category: services
- Notice ID: 44814ff2-a9e9-435f-9ece-4764b4135d45-665753
- OCID: ocds-b5fd17-63f97a59-36c0-49b9-a955-71a10e7564a3

## Description

The University of Westminster wishes to appoint a supplier for UK money transmission banking services\. The service required includes the maintenance of Sterling, EURO and US Dollar bank accounts, cash and cheque handling, BACS transaction processing and other money transmission services associated with University banking arrangements\. An internet banking service will be required for balance and transaction reporting and payment initiation\. Additional information can be obtained from the university e-tendering portal, at https://procontract\.due-north\.com\. Bidders will need to register for free on the portal by completing a simple registration, Once registered bidders can use the search function under "find opportunities" to find the tender\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/44814ff2-a9e9-435f-9ece-4764b4135d45-665753)