--- title: "Money Transmission Services for Government Banking" ocid: "ocds-h6vhtk-0434a9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0434a9" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0434a9.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0434a9.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "H M REVENUE & CUSTOMS" published: "2024-01-25" --- # Money Transmission Services for Government Banking Buyer: H M REVENUE & CUSTOMS Current stage: Planning OCID: ocds-h6vhtk-0434a9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0434a9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0434a9.json) ## Summary The buying organization, H M Revenue & Customs, is planning a tender for Money Transmission Services for Government Banking, falling under the banking services industry category. The procurement process is currently in the planning stage, with the intention of using the Restricted Procedure. The Selection Stage is scheduled to start in March 2024, followed by the Award Stage in June 2024, aiming for a contract award in January 2025. The tender will create opportunities for businesses, particularly those providing account provision, electronic banking, payment products, and related services. H M Revenue & Customs is seeking long-term arrangements for Money Transmission Services to ensure resilience and security. The procurement is focused on meeting the banking needs of over 600 customer organizations in the public sector. Interested businesses can register through HMRC's eSourcing system for potential contracts under different lots. The procurement timeline involves key dates in 2024 for the Selection and Award stages, presenting a growth opportunity for service providers in the banking and financial sector. ## Notice His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Services (MTS) contracts which facilitate this process are due to expire in March 2025. The purpose of this updated PIN is to: a) advise the banking industry that HMRC (on behalf of GB) intends to undertake a tendering exercise to award new contract(s) for the provision of MTS; b) Provide further information on envisaged MTS requirements and the prospective procurement; and c) invite potential providers to register (if not already registered) through HMRC's eSourcing system - using the instructions provided below. For the intentions of this Prior Information Notice (PIN), HMRC Commercial, a directorate within HMRC, is acting on behalf of GB. Therefore, HMRC Commercial does not solely represent the interests of HMRC in publishing this PIN. GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of banking services are in scope: * Account Provision; * Electronic Banking; * Payment Products * Reporting * Customer Support * Incident Management * Overlay Services It is envisaged service requirements will be delivered across the following lots: * Lot 1 - "House Bank A" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 3 - "Overseas Payments" covers regular and one-off Spot FX not covered by Lots 1 and 2 (i.e., Exotics), ACH network services and FX advisory services. Any resulting contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector (including the National Health Service). Further customer information is provided in the "Customer Background" document. It is intended the Restricted Procedure will be used to source MTS requirements, with the 'Selection Stage' commencing in March 2024 and the 'Award Stage' commencing in June 2024. Subsequently, the envisaged contract award date is January 2025. Please see the 'Detailed PIN information' document for further information on the scope of requirements and prospective procurement timescales. ### Lot Information Lot 1 His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Services (MTS) contracts which facilitate this process are due to expire in March 2025. The purpose of this updated PIN is to: a) advise the banking industry that HMRC (on behalf of GB) intends to undertake a tendering exercise to award new contract(s) for the provision of MTS; b) Provide further information on envisaged MTS requirements and the prospective procurement; and c) invite potential providers to register (if not already registered) through HMRC's eSourcing system - using the instructions provided below. For the intentions of this Prior Information Notice (PIN), HMRC Commercial, a directorate within HMRC, is acting on behalf of GB. Therefore, HMRC Commercial does not solely represent the interests of HMRC in publishing this PIN. GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of banking services are in scope: * Account Provision; * Electronic Banking; * Payment Products * Reporting * Customer Support * Incident Management * Overlay Services It is envisaged service requirements will be delivered across the following lots: * Lot 1 - "House Bank A" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 3 - "Overseas Payments" covers regular and one-off Spot FX not covered by Lots 1 and 2 (i.e., Exotics), ACH network services and FX advisory services. Any resulting contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector (including the National Health Service). Further customer information is provided in the "Customer Background" document. It is intended the Restricted Procedure will be used to source MTS requirements, with the 'Selection Stage' commencing in March 2024 and the 'Award Stage' commencing in June 2024. Subsequently, the envisaged contract award date is January 2025. Please see the 'Detailed PIN information' document for further information on the scope of requirements and prospective procurement timescales. Lot 2 His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Services (MTS) contracts which facilitate this process are due to expire in March 2025. The purpose of this updated PIN is to: a) advise the banking industry that HMRC (on behalf of GB) intends to undertake a tendering exercise to award new contract(s) for the provision of MTS; b) Provide further information on envisaged MTS requirements and the prospective procurement; and c) invite potential providers to register (if not already registered) through HMRC's eSourcing system - using the instructions provided below. For the intentions of this Prior Information Notice (PIN), HMRC Commercial, a directorate within HMRC, is acting on behalf of GB. Therefore, HMRC Commercial does not solely represent the interests of HMRC in publishing this PIN. GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of banking services are in scope: * Account Provision; * Electronic Banking; * Payment Products * Reporting * Customer Support * Incident Management * Overlay Services It is envisaged service requirements will be delivered across the following lots: * Lot 1 - "House Bank A" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 3 - "Overseas Payments" covers regular and one-off Spot FX not covered by Lots 1 and 2 (i.e., Exotics), ACH network services and FX advisory services. Any resulting contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector (including the National Health Service). Further customer information is provided in the "Customer Background" document. It is intended the Restricted Procedure will be used to source MTS requirements, with the 'Selection Stage' commencing in March 2024 and the 'Award Stage' commencing in June 2024. Subsequently, the envisaged contract award date is January 2025. Please see the 'Detailed PIN information' document for further information on the scope of requirements and prospective procurement timescales. Lot 3 His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and gives financial support to people. Government Banking (GB) sits within HMRC and is the banking shared service provider to Government and the wider public sector, providing banking services to over 600 organisations (hereafter referred to as "customers"). To deliver the direct-to-bank model and facilitate payments in and out of Government, GB contracts with commercial banks. The current Money Transmission Services (MTS) contracts which facilitate this process are due to expire in March 2025. The purpose of this updated PIN is to: a) advise the banking industry that HMRC (on behalf of GB) intends to undertake a tendering exercise to award new contract(s) for the provision of MTS; b) Provide further information on envisaged MTS requirements and the prospective procurement; and c) invite potential providers to register (if not already registered) through HMRC's eSourcing system - using the instructions provided below. For the intentions of this Prior Information Notice (PIN), HMRC Commercial, a directorate within HMRC, is acting on behalf of GB. Therefore, HMRC Commercial does not solely represent the interests of HMRC in publishing this PIN. GB is seeking long term arrangements for MTS which are resilient, secure and able to move with industry changes. The following, non-exhaustive, list of banking services are in scope: * Account Provision; * Electronic Banking; * Payment Products * Reporting * Customer Support * Incident Management * Overlay Services It is envisaged service requirements will be delivered across the following lots: * Lot 1 - "House Bank A" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. * Lot 3 - "Overseas Payments" covers regular and one-off Spot FX not covered by Lots 1 and 2 (i.e., Exotics), ACH network services and FX advisory services. Any resulting contracts will be enabled for use by GB customers including Government departments, executive agencies, non-departmental bodies, and the wider public sector (including the National Health Service). Further customer information is provided in the "Customer Background" document. It is intended the Restricted Procedure will be used to source MTS requirements, with the 'Selection Stage' commencing in March 2024 and the 'Award Stage' commencing in June 2024. Subsequently, the envisaged contract award date is January 2025. Please see the 'Detailed PIN information' document for further information on the scope of requirements and prospective procurement timescales. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/002638-2024 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 25 Jan 2024 | | Submission deadline | Not specified | | Future notice date | 26 Jan 2024 | | Award date | Not specified | | 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 | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | H M REVENUE & CUSTOMS | | Locality | SALFORD | | Post town | Manchester | | Postcode | M3 5BS | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD34 Greater Manchester South West | | Local authority | Salford | | Electoral ward | Blackfriars & Trinity | | Westminster constituency | Salford | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services - 66111000 - Central bank services - 66115000 - International payment transfer services - 66172000 - Financial transaction processing and clearing-house services - 66180000 - Foreign exchange services - 66600000 - Treasury services ## Release History - 25 Jan 2024 at 16:18 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/002638-2024 ## Notice URLs - http://hmrc.sourcing-eu.ariba.com/ad/selfRegistration - http://www.gov.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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