---
title: "Money Transmission Services for Government Banking"
ocid: "ocds-h6vhtk-044ac2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044ac2"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-044ac2.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-044ac2.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "HM REVENUE & CUSTOMS"
published: "2025-08-12"
---

# Money Transmission Services for Government Banking

Buyer: HM REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-h6vhtk-044ac2

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## Summary

HM Revenue & Customs (HMRC) has concluded a significant procurement for money transmission services as part of its Government Banking function, which stewards banking services for over 600 public sector entities across the UK, including the National Health Service. The procurement, titled "Money Transmission Services for Government Banking," was conducted through a restricted procedure and successfully awarded various lots. This extensive procurement, finalised in August 2025, covers a wide array of banking services within the broader service classification of banking services and adheres to the legal framework established by EU procurement regulations. The contracts have notable financial scopes, with contractual values such as £166.8 million for Lot 2, "House Bank B," secured with National Westminster Bank PLC, and £99.6 million for Lot 1, awarded to Lloyds Bank Plc.

This procurement presents substantial opportunities for businesses focused on providing robust, scalable banking and financial services solutions to the public sector. With a procurement method that emphasizes technical quality and social value, alongside competitive pricing, firms with expertise in financial transaction processing, electronic banking, and foreign exchange services can find lucrative prospects. Additionally, companies that can ensure compliance with financial regulations and have the capacity to manage high transaction volumes are well-suited for competing in similar future tenders. The contracts facilitated through this tender represent long-term engagements, offering up to 8 years with options to extend, thus providing a stable growth trajectory for successful bidders in the financial services industry.

## 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 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).

### Lot Information

House Bank A

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 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). The procurement was conducted via the Restricted Procedure.

Options: Four optional 1 year extensions.

House Bank B

Lot 2 - "House Bank B" covers general banking services, including Bacs, CHAPS, Faster Payments, Local Banking, Cheques and Spot FX. 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 Additional information: This requirement will be met by an eSourcing RFP using HMRC SAP Ariba. Please ensure you are registered with the HMRC SAP Ariba to gain access to the RfP documentation which will contain full details. If you are not already registered, the registration link is: http://hmrc.sourcing eu.ariba.com/ad/selfRegistration As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address. Once you Show less additional text have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact sapariba.hmrcsupport@hmrc.gsi.gov.uk (after first checking your spam in-box) confirming when your registration request was first made. Once you have obtained 'your organization's account ID' number, please email chloe.hobbs@hmrc.gov.uk and james.power1@hmrc.gov.uk and copy in e.procurement@hmrc.gov.uk and with your account ID number, you will then receive an e-mail confirming access. Please ensure to include all email addresses provided to make sure your interest is received. Further information about HMRC's procurement tool SAP Ariba, Suppliers Guide and general information is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm. If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba in order to be added to the event.

Overseas Payments

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. Additional information: This requirement will be met by an eSourcing RFP using HMRC SAP Ariba. Please ensure you are registered with the HMRC SAP Ariba to gain access to the RfP documentation which will contain full details. If you are not already registered, the registration link is: http://hmrc.sourcing eu.ariba.com/ad/selfRegistration As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address. Once you Show less additional text have completed the activation process you will receive a further email by return confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number. If an email response from HMRC is not received within one working day of your request, please re-contact sapariba.hmrcsupport@hmrc.gsi.gov.uk (after first checking your spam in-box) confirming when your registration request was first made. Once you have obtained 'your organization's account ID' number, please email chloe.hobbs@hmrc.gov.uk and james.power1@hmrc.gov.uk and copy in e.procurement@hmrc.gov.uk and with your account ID number, you will then receive an e-mail confirming access. Please ensure to include all email addresses provided to make sure your interest is received. Further information about HMRC's procurement tool SAP Ariba, Suppliers Guide and general information is available on the HMRC website: www.hmrc.gov.uk/about/supplying.htm. If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba in order to be added to the event.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/047941-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Aug 2025 |
| Submission deadline | 19 Apr 2024 |
| Future notice date | Not specified |
| Award date | 17 Jun 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £334,000,000 |
| Lots value | £334,000,000 |
| Awards value | Not specified |
| Contracts value | £321,420,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Active, Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HM REVENUE & CUSTOMS |
| Additional buyers | H M REVENUE & CUSTOMS |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2BQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | CITIBANK N.A. LONDON BRANCH; LLOYDS BANK; NATIONAL WESTMINSTER BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 66180000 - Foreign exchange services
- 66600000 - Treasury services

## Release History

- 12 Aug 2025 at 10:26 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/047941-2025
- 12 Aug 2025 at 09:01 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/047871-2025
- 31 Jul 2025 at 07:46 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/044535-2025
- 29 Jul 2025 at 09:34 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/043735-2025
- 20 Mar 2024 at 12:09 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/008993-2024

## Notice URLs

- http://hmrc.sourcing
- http://www.gov.uk
- http://www.hmrc.gov
- http://www.http;//hmrc.supplier-eu.ariba.com/

## 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-044ac2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-044ac2.json.