---
title: "Confirmation of Payee Services"
ocid: "ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2025-11-25"
---

# Confirmation of Payee Services

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42)  
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## Summary

The Financial Services Compensation Scheme Limited has awarded a contract for "Confirmation of Payee Services," which falls under the industry category of financial transaction processing and clearing-house services. Located in London, EC3A 7QU, England, the procurement process was initiated as a tender and has now reached the award stage, with PayPoint Network Limited being the awarded supplier. This contract, valued at £300,000, utilises a selective procurement method, specifically a call-off from a G-Cloud 14 framework agreement. The contract period began on 24th November 2025 and extends until 23rd November 2028.

This tender offers significant opportunities for businesses specialising in financial services, particularly those able to process and verify bank account details. Larger establishments with experience in handling bulk financial data would find this contract well-suited for their expertise. The selective procurement approach, leveraging a framework agreement, may present recurring opportunities for incumbent providers adept at meeting specific tender criteria without being solely tailored for SMEs or VCSE organisations. The involvement in such government contracts may enhance credibility and facilitate future business expansion in the financial transaction services market.

## Notice

G-Cloud 14 Call Off Agreement - This service is required to confirm bulk bank account details of customers if there was a financial institution failure.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9382e6c7-3d9a-4550-a5ba-7475d7305683 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Nov 2025 |
| Submission deadline | 23 Nov 2025 |
| Future notice date | Not specified |
| Award date | 24 Nov 2025 |
| Contract period | 24 Nov 2025 - 23 Nov 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £300,000 |
| Lots value | Not specified |
| Awards value | £300,000 |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FINANCIAL SERVICES COMPENSATION SCHEME LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC3A 7QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Portsoken |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PAYPOINT NETWORK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 25 Nov 2025 at 08:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9382e6c7-3d9a-4550-a5ba-7475d7305683

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9382e6c7-3d9a-4550-a5ba-7475d7305683
  25th November 2025 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.fscs.org.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-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3c0b549f-af11-4187-8f9d-2e3b37a6ac42.json.