---
title: "Corporate Banking and Merchant Services"
ocid: "ocds-h6vhtk-02f9d5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f9d5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f9d5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f9d5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "TUNBRIDGE WELLS BOROUGH COUNCIL"
published: "2022-01-17"
---

# Corporate Banking and Merchant Services

Buyer: TUNBRIDGE WELLS BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-02f9d5

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02f9d5.json)

## Summary

Tunbridge Wells Borough Council is seeking providers for Corporate Banking and Merchant Services through an open procurement process. Initially, this tender was active until 7 January 2022, with a contract duration extending potentially to five years. The location for service delivery is Tunbridge Wells, UK, and the procurement process is classified under banking services, handling approximately £67,000 annually. However, this tender has been marked as cancelled, with earlier procurement attempts indicating a strong need for modern banking solutions, especially given the increase in cashless transactions due to the Covid-19 pandemic.

This tender presents a significant opportunity for businesses specialising in banking services, particularly those that can adapt to the evolving needs of public authorities transitioning to more digital and cashless operational models. Prospective bidders should ideally possess experience in providing corporate banking solutions and merchant services capable of accommodating high transaction volumes while ensuring quality service delivery. Companies with strong technological capabilities and a deep understanding of public sector requirements will be particularly well-suited to compete in this market.

## Notice

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).

### Lot Information

Lot 1

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). Currently, both our Corporate Banking and Merchant services are provided by Lloyds bank. The current service handles work to a value of PS67,000.00 per annum. The volumes of card transactions have increased significantly due to the Covid-19 pandemic. The council is now almost cashless and intends for this to continue as there have been issues with cash collection from parking machines and council sites.

Renewal: Option to extend the contract by up to 60 months following the initial 60 month contract period

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/001360-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Jan 2022 |
| Submission deadline | 7 Jan 2022 |
| Future notice date | Not specified |
| Award date | 17 Jan 2022 |
| Contract period | Not specified |
| 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 | Cancelled |
| Lots status | Cancelled |
| Awards status | Unsuccessful |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TUNBRIDGE WELLS BOROUGH COUNCIL |
| Locality | TUNBRIDGE WELLS |
| Post town | Tonbridge |
| Postcode | TN1 1RS |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ46 West Kent |
| Local authority | Tunbridge Wells |
| Electoral ward | Park |
| Westminster constituency | Tunbridge Wells |
| Delivery location | TLJ46 West Kent |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 17 Jan 2022 at 16:26 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/001360-2022
- 24 Nov 2021 at 17:30 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/029286-2021

## Notice URLs

- http://www.kentbusinessportal.org.uk
- http://www.tunbridgewells.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-h6vhtk-02f9d5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02f9d5.json.