---
title: "TfW Banking Services"
ocid: "ocds-kuma6s-146713"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-146713"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-146713.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-146713.json"
source: "Sell2Wales"
current_stage: "Planning"
buyer: "TRANSPORT FOR WALES"
published: "2024-12-17"
---

# TfW Banking Services

Buyer: TRANSPORT FOR WALES  
Current stage: Planning  
OCID: ocds-kuma6s-146713

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-146713)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-146713.json)

## Summary

Transport for Wales has initiated a procurement process to secure a contract for delivering banking services required by both Transport for Wales (TfW) and its subsidiary organisations. The procurement, which falls under the services category, is currently in the planning stage. Relevant parties should note that the contract is expected to be awarded by 1st April 2025, with the new banking arrangements to be fully operational by 31st March 2026. The process involves services such as the maintenance of bank accounts, cash and cheque handling, and payment processing, and includes an internet banking service for transaction reporting and payment initiation. Key locations include various regions within the UK, particularly UKL (Wales).

This tender offers significant opportunities for businesses in the banking and financial services sector, particularly those with expertise in public sector banking arrangements. Companies that provide comprehensive banking solutions, including payment processing and online banking services, are well-suited to compete. The planned procurement ensures a substantial period for preparation and implementation, allowing businesses to tailor their offerings to meet the specific requirements of Transport for Wales and its subsidiaries, fostering opportunities for growth and long-term partnership.

## 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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=146713 |
| Notice type | OJEU - F1 - Prior Information 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 | 17 Dec 2024 |
| Submission deadline | Not specified |
| Future notice date | 1 Apr 2025 |
| 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 | 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 |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 17 Dec 2024 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=146713

## Documents

- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=DEC496206
  TfW Banking Services - 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

## Notice URLs

- http://tfw.wales
- http://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=146713
- https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-146713

## 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-kuma6s-146713. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-146713.json.