---
title: "Banking Services"
ocid: "ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF PORTSMOUTH"
published: "2018-11-08"
---

# Banking Services

Buyer: UNIVERSITY OF PORTSMOUTH  
Current stage: Award  
OCID: ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1.json)

## Summary

The University of Portsmouth is seeking tenders for banking services, specifically for UK money transmission. This procurement falls under the services category, designated by the CPV code 66110000. The procurement process is currently in the award stage, with the contract period running from 6th August 2018 to 6th August 2023. Interested parties were encouraged to express their interest by the deadline of 13th March 2018. The payment services required include managing Sterling, Euro, and US Dollar accounts, along with cash and cheque handling, among other banking services. The procurement method employed is an open procedure above the specified threshold.

This tender represents a significant opportunity for businesses specialising in banking services, particularly those capable of providing comprehensive money transmission solutions tailored to educational institutions. Firms adept in cash management, transaction processing, and internet banking solutions would be well-suited to compete for this contract. The procurement could boost business growth for suppliers that possess the capability to manage complex banking arrangements and enhance the financial operations of the University of Portsmouth.

## Notice

The University is requesting tenders for UK money transmission banking services. The service required includes the maintenance of Sterling, EURO and US Dollar bank accounts, cash and cheque handling, BACS transaction processing and other money transmission services associated with University banking arrangements. An internet banking service will be required for balance and transaction reporting and payment initiation. The initial Contract Period for the Agreement shall be three (3) years with the option to extend for two years. To Express an Interest in this project please register on the University of Portsmouth In-Tend webpage and express an interest in this project. Please find the weblink for our webpage below: https://in-tendhost.co.uk/port/

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1d7db4f2-eed3-4ae2-b550-d70ddf9ef09d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Nov 2018 |
| Submission deadline | 13 Mar 2018 |
| Future notice date | Not specified |
| Award date | 4 Aug 2018 |
| Contract period | 5 Aug 2018 - 6 Aug 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | UNIVERSITY OF PORTSMOUTH |
| Locality | PORTSMOUTH |
| Post town | Portsmouth |
| Postcode | PO1 2UP |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ31 Portsmouth |
| Local authority | Portsmouth |
| Electoral ward | St Thomas |
| Westminster constituency | Portsmouth South |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LLOYDS BANKING GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 8 Nov 2018 at 10:08 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1d7db4f2-eed3-4ae2-b550-d70ddf9ef09d
- 13 Feb 2018 at 14:50 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3a4126f8-b310-4490-a53e-9974323b90bd

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1d7db4f2-eed3-4ae2-b550-d70ddf9ef09d
  8th November 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/3a4126f8-b310-4490-a53e-9974323b90bd
  13th February 2018 - Opportunity notice on Contracts Finder

## Notice URLs

- https://in-tendhost.co.uk/port/

## 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-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7e0b00ca-7412-41fe-ab35-c3b60ecc6dd1.json.