Source: https://tendernation.io/opportunities/01a13ca2-6e1c-708c-b324-4b946a5b5d71/commercial-banking-services

closed GB open procedure Suitable for SMEs

# Commercial Banking Services

[Bip Solutions Limited](https://tendernation.io/buyers/bip-solutions-limited)

Estimated value

Not stated

Published

17 Aug 2022

Deadline

Closed

23 Sept 2022

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The scope of the RFI is the British Library General Banking Services. This includes:

â&#128;¢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.

â&#128;¢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.

â&#128;¢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

â&#128;¢Foreign currency bank accounts - Used for payments and receipts in Euro and US$.

â&#128;¢Cash banking facilities

â&#128;¢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.

â&#128;¢Financial Protection and Remedies

â&#128;¢Integration with IT Systems

â&#128;¢Account and Relationship Managers

â&#128;¢Account Information, Guidance and Assistance

â&#128;¢Cash Management and Credit Interest Arrangements

â&#128;¢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.

Read full description

## CPV classification

Banking services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/c8e3c593-cb94-4f42-9363-95460904c4c6)

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[Buyer profile Bip Solutions Limited: past awards and live tenders](https://tendernation.io/buyers/bip-solutions-limited) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services)

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