---
title: "Banking Services"
ocid: "ocds-b5fd17-b9902c7b-e9c2-49d4-a95c-abbb369676b0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b9902c7b-e9c2-49d4-a95c-abbb369676b0"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b9902c7b-e9c2-49d4-a95c-abbb369676b0.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b9902c7b-e9c2-49d4-a95c-abbb369676b0.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "UNIVERSITY OF READING"
published: "2021-12-07"
---

# Banking Services

Buyer: UNIVERSITY OF READING  
Current stage: Tender  
OCID: ocds-b5fd17-b9902c7b-e9c2-49d4-a95c-abbb369676b0

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## Summary

The University of Reading is seeking offers for banking services through a selective procurement process, identified as IT-53-1724-UOR/PRO/21/026. This contract opportunity falls under the category of financial and insurance services, specifically banking and investment services, with a total estimated value of £750,000. Interested parties must submit their responses by 13 January 2022. The services will be required for the duration of the contract, which commences on 12 April 2022 and will run until 11 April 2037, with services to be delivered at the university's location in Reading, South East England.

This tender presents significant growth potential for financial institutions and banking service providers, particularly those experienced in higher education arrangements and capable of offering integrated banking solutions, including electronic platforms for payments and reporting. Businesses with a strong track record in corporate banking services will find this opportunity particularly relevant, as the University of Reading seeks a partner to manage up to ten bank accounts and provide associated banking services to support its operations and UK subsidiaries.

## Notice

The University of Reading has a requirement for the provision of Corporate Banking services in relation to itself and its UK subsidiaries. The University requires a banking service which will include the provision and maintenance of up to 10 bank accounts and banking services associated with higher education banking arrangements, including an electronic banking platform for both domestic and international payment initiation and balance/transaction reporting. Additional information: Please visit www.in-tendhost.co.uk/theuniversityofreading to express interest and download the documents. Delivery Notes Please submit tender response through www.in-tendhost.co.uk/theuniversityofreading Is a Recurrent Procurement Type? : No

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c64e5714-d2f8-4b73-9fc6-6c5328d127f6 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Dec 2021 |
| Submission deadline | 13 Jan 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 12 Apr 2022 - 11 Apr 2037 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £750,000 |
| 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 | UNIVERSITY OF READING |
| Locality | - |
| Post town | Reading |
| Postcode | RG6 6AB |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ16 Berkshire West |
| Local authority | Wokingham |
| Electoral ward | Maiden Erlegh & Whitegates |
| Westminster constituency | Earley and Woodley |
| Delivery location | TLJ South East (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services

## Release History

- 7 Dec 2021 at 16:46 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c64e5714-d2f8-4b73-9fc6-6c5328d127f6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c64e5714-d2f8-4b73-9fc6-6c5328d127f6
  7th December 2021 - Opportunity notice on Contracts Finder
- https://in-tendhost.co.uk/theuniversityofreading/aspx/
  Additional information on how to apply for this contract

## Notice URLs

- http://reading.ac.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-b9902c7b-e9c2-49d4-a95c-abbb369676b0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b9902c7b-e9c2-49d4-a95c-abbb369676b0.json.