---
title: "Banking and Merchant Acquire Services"
ocid: "ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "ROYAL BOROUGH OF GREENWICH"
published: "2020-02-25"
---

# Banking and Merchant Acquire Services

Buyer: ROYAL BOROUGH OF GREENWICH  
Current stage: Tender  
OCID: ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954)  
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## Summary

The Royal Borough of Greenwich Council is seeking tenders for "Banking and Merchant Acquire Services" within the banking and investment services sector. This opportunity is based in London and is currently at the tender stage, with bids due by 30th March 2020. The total contract value is estimated at £4,000,000, and the services will span from 11th May 2020 to 31st December 2026. The procurement is conducted through an open procedure, allowing providers to bid for either or both lots specified: comprehensive banking services and merchant acquirer services.

This tender represents a significant opportunity for businesses specialising in banking and payment processing solutions, particularly small and medium-sized enterprises (SMEs) that can demonstrate capabilities in managing banking services and payment card processing. Companies that can deliver innovative solutions, including the provision of chip and pin machines, and who are experienced in working with local authorities, will find this tender aligns well with their service offerings, potentially driving growth in the public sector market.

## Notice

Royal Borough of Greenwich Council invites providers to tender for the provision of the Banking and Merchant Acquire Services. Lot 1: The provision of the Banking services for a comprehensive money transmission banking service involving maintenance of numerous bank accounts, Faster Payments, handling of paper, BACS and CHAPS clearing, cash processing and other activities associated with local authority banking business and; Lot 2: The Merchant Acquirer Services involving the processing of a variety of payment cards which are accepted by the Councils as payment for services and will include for the provision of chip and pin machines if required. Providers may submit a bid for both or either lot.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/71222978-e20e-47dc-a44f-5dc654a4b4cf |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Feb 2020 |
| Submission deadline | 30 Mar 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 10 May 2020 - 31 Dec 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | ROYAL BOROUGH OF GREENWICH |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE18 6HQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI5 Outer London - East and North East |
| ITL 3 | TLI51 Bexley and Greenwich |
| Local authority | Greenwich |
| Electoral ward | Woolwich Arsenal |
| Westminster constituency | Greenwich and Woolwich |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 25 Feb 2020 at 10:18 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/71222978-e20e-47dc-a44f-5dc654a4b4cf

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/71222978-e20e-47dc-a44f-5dc654a4b4cf
  25th February 2020 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=73630d20-b757-ea11-80ff-005056b64545
  Advert

## Notice URLs

- http://www.royalgreenwich.gov.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-04c70cc8-c266-415d-9d82-b2dd87060954.json.