# RMCV 037 - Banking Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Shropshire Council](/buyers/shropshire-council/contract-awards)
- Contract winner: [National Westminster Bank Plc](/contract-winners/national-westminster-bank/public-sector-contract-awards)
- Award value: £279,881
- Tender value: £279,881
- Award date: 19 September 2022
- Published: 23 February 2023
- Contract start: 3 April 2023
- Contract end: 2 April 2030
- Stage: awarded
- Procurement category: services
- Notice ID: db109e9e-6391-4c48-b342-fa74d1eaf957-618002
- OCID: ocds-b5fd17-ea79dfb3-577d-4ec1-a7d8-e33795906b16

## Description

This is an award notice for a money transmission banking service to include the maintenance of bank accounts, Faster Payments, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements\. An internet banking service for balance/transaction reporting and payment initiation is also required\. The contract will be for an initial period of 5 years with the option to extend for a further 2 years\.

## Related contract awards

- [DMCV 025 - The Supply of Bar Supplies to Theatre Severn](/contracts/ocds-b5fd17-329d4101-41a6-4dd8-b4ef-a5d2893c6616): Shropshire Council
- [PMCV 028 - Public Health Nursing Service](/contracts/ocds-b5fd17-cef579f8-4ff5-4ab6-955f-1fd8609e7d7f): Shropshire Council
- [Mental Health Supported Living - My Place](/contracts/ocds-b5fd17-9e6cb3e0-40db-4e1d-820b-66e68f098964): Shropshire Council
- [COV - Banking Services \(2026\)](/contracts/ocds-b5fd17-01295962-3fbe-4d4e-9e12-7901553928fa): COVENTRY CITY COUNCIL
- [Open Banking Services](/contracts/ocds-b5fd17-f1bce90c-cc77-4309-8b51-3bfa4b2a6c5e): Havant Borough Council
- [General Banking Services - Framework Call off under NEPO531](/contracts/ocds-b5fd17-672d5f78-5113-4657-a3bf-aaf56445c9d7): Leicestershire County Council

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/db109e9e-6391-4c48-b342-fa74d1eaf957-618002)