Source: https://tendernation.io/opportunities/01a13b8a-5d2f-7286-9845-11a86ca3dfa4/cwc21109-corporate-banking closed GB open procedure # CWC21109 Corporate Banking [Wolverhampton City Council](https://tendernation.io/buyers/wolverhampton-city-council) Estimated value £350,000 Published 9 Nov 2021 Deadline Closed 10 Dec 2021 ## Who can bid - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender The Council invites tenders for the provision of banking services including: • 5 main accounts with facilities including but not limited to sweep/pooling and full bank file collection of all daily transactions for import into our back office finance system that meets our specification • A group overdraft facility • An intra day limit • 47 imprest accounts for schools and council services • cash (including loose cash) and cheque processing through our appointed cash in transit contractor to a cash/cheque processing centre • Consolidated and bulk cash facilities • Automated credit and debit facilities • Branch facilities for cheque encashment and occasional paying in • BACS bureau and SUN sponsorship and transaction processing • internet banking services for balance/group balance, transaction reporting, payment initiation including immediate/CHAPS and Foreign payments by a 2 level approval process, bank account statement export to reconcile with the file import for our back office system Additional Requirements: • Bank accounts for 2 wholly owned companies, YOO Recruit and WV Living • 2 bank accounts with third party administration assigned to the West Midlands Pension Fund • A payment of council bills solution by customer online banking settled by faster payment via integration with our own web payment platform, hosted through its own unique (additional) bank account with a full import of transactions in the bank file mentioned at 1.1 this account would also need to sweep to the main current account. • a virtual account with approximately 500 sub accounts for the saving for our young people in care until the age of 18 • a main header account with 75 sub accounts for customers who we have been awarded Court of Protection • Read full description ## CPV classification Banking services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/9073145b-ce31-4b3d-8ed7-1b3962703c16) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile Wolverhampton City Council: past awards and live tenders](https://tendernation.io/buyers/wolverhampton-city-council) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services) ## More tenders like this [Damage or loss insurance services – assurance dommages ouvrages extension de l'ehpad et construction d'une cuisine centrale de production - centre hospitalier de verneuil-sur-avre · GHT Eure-Seine Pays D'ouche · 30 days left · 17 Nov 2026](https://tendernation.io/opportunities/01a15183-6b5c-724b-be7f-eff29673117a/france-damage-or-loss-insurance-services-assurance-dommages-ouvrages-extensi) [Insurance services – Tjänstereseförsäkring · S:t Erik Försäkrings AB · 31 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15183-81c1-722d-a8ea-4818d01c8bfb/sweden-insurance-services-tjanstereseforsakring) [Contractor's all-risk insurance services – Projektversicherung DSD Starterpaket Scan-Med- München · Deutsche Bahn AG · 31 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15183-0890-71f6-bb29-30ad22e44545/germany-contractors-all-risk-insurance-services-projektversicherung-dsd-sta) [Health insurance services – Veselības apdrošināšana darbiniekiem · SIA "Rīgas ūdens" · 29 days left · 17 Nov 2026](https://tendernation.io/opportunities/01a15183-4248-70d4-abc2-63e1e16084f8/latvia-health-insurance-services-veselibas-apdrosinasana-darbiniekiem) [Insurance services – procedura aperta sopra soglia europea, DA aggiudicarsi CON IL criterio dell’offerta economicamente PIÙ vantaggiosa sulla BASE del miglior rapporto qualità/prezzo, PER l’affidamento DEI servizi assicurativi del co.s.i.b. consorzio PER LO sviluppo industriale della valle del biferno. · C.U.C. Termoli · 32 days left · 20 Nov 2026](https://tendernation.io/opportunities/01a15183-0ff8-70a1-ab6b-c7e95948c759/italy-insurance-services-procedura-aperta-sopra-soglia-europea-da-aggiudica) [Insurance services – Acord-cadru servicii de asigurare · Publitrans 2000 S.A. · 36 days left · 23 Nov 2026](https://tendernation.io/opportunities/01a15183-92f2-7007-98bd-0105e866c3bc/romania-insurance-services-acord-cadru-servicii-de-asigurare)