---
title: "TfW Banking Services"
ocid: "ocds-h6vhtk-04c8d7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c8d7"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c8d7.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c8d7.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "TRANSPORT FOR WALES"
published: "2026-03-26"
---

# TfW Banking Services

Buyer: TRANSPORT FOR WALES  
Current stage: Award  
OCID: ocds-h6vhtk-04c8d7

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## Summary

The procurement process for "TfW Banking Services" is led by Transport for Wales (TfW), aiming to secure a contract for banking services supporting its operations and subsidiaries. The contract was set to be awarded by 1st April 2025, with full implementation required by 31st March 2026. Located in the UK, particularly in the UK's Wales region, the procurement falls under the services industry category, specifically banking services (CPV code 66110000). The procurement has transitioned from the planning stage in December 2024 through to the award stage, with HSBC UK BANK PLC securing the contract, signed on 5th December 2025. The open procedure method was adopted, ensuring wide engagement from potential suppliers.

This tender presents substantial growth opportunities for businesses specialising in banking services. Significant components include money transition services, maintenance of bank accounts, and payment processing, both domestic and international, accompanied by internet banking functionalities. Large-scale banking institutions capable of delivering comprehensive public sector banking services, as well as innovative internet banking solutions, are particularly well-positioned to leverage this opportunity. The contract allows for flexible service volumes, providing adaptable engagement in line with TfW’s evolving service needs. Additionally, the potential for contract renewal enhances the long-term prospects for successful bidders.

## Notice

We are looking to procure a contract that will deliver the banking services required for Transport for Wales (TfW) and its subsidiary organisations. TfW intends to award the contract by 1st April 2025. The new banking arrangements must be implemented and fully operational by 1st April 2026.

### Lot Information

Lot 1

We are tendering a banking services delivery partner to support Transport for Wales (TfW) and its subsidiary companies. TfW intends to award the contract by 1st April 2025 and the new banking arrangements must be implemented and fully operational by 31st March 2026. The contract will include full provision of money transition services - to include maintenance of bank accounts, cash and cheque handling, payment procession (domestic and international) and other services associated with public sector banking arrangements. An internet banking service for balance/transaction reporting and payment initiation will also be required.

Options: The volumes of services may change during the life of the contract.

Renewal: Option to extend for up to two periods of 12 months each.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/027846-2026 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Mar 2026 |
| Submission deadline | 17 Feb 2025 |
| Future notice date | 31 Mar 2025 |
| Award date | 5 Dec 2025 |
| Contract period | Not specified |
| Recurrence | Q1 2030 |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £1 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TRANSPORT FOR WALES |
| Locality | PONTYPRIDD |
| Post town | Cardiff |
| Postcode | CF37 4TH |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL51 Central Valleys and Bridgend |
| Local authority | Rhondda Cynon Taf |
| Electoral ward | Pontypridd Town |
| Westminster constituency | Pontypridd |
| Delivery location | TLL Wales |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HSBC UK BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 26 Mar 2026 at 11:54 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/027846-2026
- 17 Jan 2025 at 16:14 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/001770-2025
- 17 Dec 2024 at 15:30 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/040641-2024

## Notice URLs

- http://tfw.wales
- https://etenderwales.bravosolution.co.uk
- https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA50685

## 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-04c8d7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c8d7.json.