---
title: "New Overseas Repayment method"
ocid: "ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "STUDENT LOANS COMPANY"
published: "2019-06-24"
---

# New Overseas Repayment method

Buyer: STUDENT LOANS COMPANY  
Current stage: Award  
OCID: ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9.json)

## Summary

The procurement process pertains to the Student Loans Company, which is seeking a service provider for a new overseas repayment method for student loans. Classified under international payment transfer services, this tender was completed with an award made on 1st May 2019. The contract spans from 23rd May 2019 to 19th December 2021, and involved an open procurement method. The opportunity was based in Scotland, United Kingdom, and the public tender process has concluded.

This contract presents significant opportunities for businesses specialising in international payment solutions, particularly those with experience in servicing educational finance. Providers with the capability to handle cross-border financial transactions would be well-suited to engage in similar tenders in the future. As such, large-scale financial service companies like Flywire Payments Limited, which successfully secured this contract, showcase the potential for growth in managing overseas payments for educational institutions.

## Notice

To provide a service for the payment of Student Loans from overseas repayers

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/18b6dd4d-4350-435b-99b5-8e163a7d0f92 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Jun 2019 |
| Submission deadline | 1 May 2019 |
| Future notice date | Not specified |
| Award date | 30 Apr 2019 |
| Contract period | 22 May 2019 - 19 Dec 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1 |
| Lots value | Not specified |
| Awards value | £1 |
| 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 | STUDENT LOANS COMPANY |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 7JD |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FLYWIRE PAYMENTS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66115000 - International payment transfer services

## Release History

- 24 Jun 2019 at 11:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/18b6dd4d-4350-435b-99b5-8e163a7d0f92

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/18b6dd4d-4350-435b-99b5-8e163a7d0f92
  24th June 2019 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=399752998
  Please follow this link to view the notice.

## 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-b4139a5a-fbc2-446a-a020-bb63e8dc76a9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b4139a5a-fbc2-446a-a020-bb63e8dc76a9.json.